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Author Question: Rock climbing areas are often on public lands. These areas, which are often crowded, are classified ... (Read 52 times)

fnuegbu

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on: Jun 29, 2018
Rock climbing areas are often on public lands. These areas, which are often crowded, are classified as
 
  A) rival and excludable.
  B) non-rival and excludable.
  C) rival and non-excludable.
  D) non-rival and non-excludable.

Question 2

The vertical distance between a firm's total cost (TC) and its total variable cost (TVC) curves
 
  A) decreases as output decreases.
  B) is equal to the average variable cost, AVC.
  C) is equal to the total fixed cost, TFC.
  D) is equal to the marginal cost, MC.


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joewallace

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


fnuegbu

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

jackie

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Reply 3 on: Yesterday
Excellent

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