A public good ?

Related Mcqs:

1. A public good will ?

   A. Be under provided in the free market
   B. Be over provided in the free market
   C. Not be provided in the free market
   D. Has no opportunity cost

2. A good example of a public good is ?

   A. public transport
   B. the national health service
   C. national defence
   D. rail transport

3. What is called when a private company first offers shares to the public market and investors ?

   A. Public offering
   B. Public floating
   C. going public
   D. Coming public

4. Which of the following is not an example of a global public good ?

   A. high-yielding varieties (HYVs) of grains
   B. Polio and small-pox vaccinations.
   C. the campaign against river blindness
   D. the drilling of oil in the Arctic

5. Public ownership of natural monopolies ?

   A. tends to be inefficient.
   B. usually lowers the cost of production dramatically.
   C. creates synergies between the newly acquired firm and other government-owned companies.
   D. does none of the things described in these answers

6. In 1985, the Coca-cola Company made a classic marketing blunder with its deletion of its popular Coca-Cola product and introduction of what it called New Coke Analysts now believe that most of the company’s problems resulted from poor marketing research. As the public demanded their old Coke back the company relented and reintroduced Coca-Cola Classic (which has regained and surpassed its former position) while New Coke owns only 0.1 percent of the market Which of the following marketing research mistakes did Coca-Cola make ?

   A. They did not investigate pricing correctly and priced the product too high
   B. They did not investigate dealer reaction and had inadequate distribution
   C. They defined their marketing research problem too narrowly
   D. They failed to account for the Pepsi Challenge taste test in their marketing efforts

7. Public goods are difficult for a private market to provide due to ?

   A. the rivalness problem
   B. the public goods problem
   C. the Tragedy of the Commons.
   D. The free-rider problem.

8. The public Sector Net Cash Requirement (PSNCR) is ?

   A. A measure of the country’s trade position
   B. A measure of the country’s budget position
   C. A measure of the country’s total debt
   D. A measure of the government’s monetary stance

9. Which of the following is not a public policy to promote the private sector ?

   A. Investigating development potential through scientific and market research and natural resources surveys
   B. Providing adequate infrastructure for public and private agencies
   C. Creating markets, including commodity markets, security exchanges, banks credit facilities and insurance companies
   D. Increasing market monopolies and oligopolies to help producers

10. Planning in many LDCs has failed because detailed programs for the public sector have not been worked out and ?

    A. governments depend primarily on their colonial masters
    B. excessive controls are used in the private sector
    C. the brain drains cost government substantially
    D. monopolies dominate in the agricultural sector