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Author Question: The distinguishing characteristic of private goods is that A) the principle of rival consumption ... (Read 99 times)

penza

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The distinguishing characteristic of private goods is that
 
  A) the principle of rival consumption does not apply to them.
  B) their use is exclusive to the people who purchase them.
  C) they can be sold but not rented.
  D) they can be sold or rented, but not borrowed.

Question 2

A good example of a monopolistic competitive industry is
 
  A) the U.S. auto industry.
  B) the public utility industry.
  C) the computer game industry.
  D) mining.



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Zack0mack0101@yahoo.com

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Answer to Question 1

B

Answer to Question 2

A




penza

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


Mochi

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Reply 3 on: Yesterday
Excellent

 

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