Suppose that a state installs a toll booth on a highway and requires drivers to pay $1.00 before entering the highway. Installation of the toll booth changes:

A. a nonexcludable good into an excludable good.
B. a nonrival good into a rival good.
C. a public good into a private good.
D. a nonrival good into a nonexcludable good.


Answer: A

Economics

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