[Answered] A good which is nonrival and nonexcludable is A) a public good. B) a private good. C) a social ...

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Author Question: A good which is nonrival and nonexcludable is A) a public good. B) a private good. C) a social ... (Read 69 times)

yoroshambo

Hero Member
Posts: 566

on: Jun 29, 2018

A good which is nonrival and nonexcludable is

A) a public good.
B) a private good.
C) a social good.
D) an externality.

Question 2

The above figure shows the marginal social benefit and marginal social cost curves of doughnuts in the nation of Kaffenia. What is the efficient quantity of doughnuts to produce each day?

A) 100 dozen
B) 200 dozen
C) 300 dozen
D) 500 dozen

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Joy Chen

Sr. Member
Posts: 354

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

B

yoroshambo

Hero Member
Posts: 566

Reply #2 on: Jun 29, 2018

Correct answers!

Joy Chen

Sr. Member
Posts: 354

Reply #3 on: Jun 29, 2018

Great! Please up vote

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Author Question: A good which is nonrival and nonexcludable is A) a public good. B) a private good. C) a social ... (Read 69 times)

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