[Answered] What does it mean for a good to be nonexcludable? What will be an ideal ...

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jho37

Hero Member
Posts: 531

on: Jun 29, 2018

What does it mean for a good to be nonexcludable?

What will be an ideal response?

Question 2

A Big Mac costs 4.79 in the United States and 9.6 zlotys in Poland. If the exchange rate is 3 zlotys per dollar, what is the dollar cost of a Big Mac in Poland?

A) 1.60 B) 2.00 C) 3.20 D) 4.64

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Marked as best answer by a Subject Expert

carojassy25

Sr. Member
Posts: 299

Reply #1 on: Jun 29, 2018

Answer to Question 1

A good is nonexcludable if no one can be excluded from enjoying its benefits once it is produced.

Answer to Question 2

C

jho37

Member
Posts: 531

Reply 2 on: Jun 29, 2018

Excellent

ASDFGJLO

Member
Posts: 335

Reply 3 on: Yesterday

TYSM

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