« previous next »

Author Question: A free-rider problem occurs when the A) good is excludable. B) good is offered at no charge. C) ... (Read 119 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
on: Jun 29, 2018
A free-rider problem occurs when the
 
  A) good is excludable.
  B) good is offered at no charge.
  C) good is rival.
  D) good is nonexcludable.

Question 2

In monopolistic competition, profit is maximized when the amount produced is such that
 
  A) marginal revenue equals marginal cost.
  B) marginal revenue is greater than marginal cost.
  C) total revenue equals total cost.
  D) total revenue is maximized.


pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

The relationship between free energy and electron movement along the electron transport chain The relationship between free energy and electron movement along the electron transport chain
The fuel system should hold pressure if the system is leak free. The fuel system should hold pressure if the system is leak free.
Climate change occurs over millions of years Climate change occurs over millions of years
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
linear programming problem, applying simplex method and sensitivity analysis linear programming problem, applying simplex method and sensitivity analysis
Conversion of F+ to an Hfr state occurs by integration of the F factor Conversion of F+ to an Hfr state occurs by integration of the F factor
Video: Primary Active Transport - electrochemical gradient and ion transport / water movement

For a complete list of videos, visit our video library