This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A good which is nonrival and nonexcludable is A) a public good. B) a private good. C) a social ... (Read 211 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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

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 :D


« previous next »
 

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

By distancing themselves from the social reformers, early American sociologists ignored female ... By distancing themselves from the social reformers, early American sociologists ignored female ...
Vienna: Social Structure and Social Interaction Vienna: Social Structure and Social Interaction
In the 1960s, social psychologists did highly creative but controversial experiments. This photo, ... In the 1960s, social psychologists did highly creative but controversial experiments. This photo, ...
Upward social mobility, though welcome, can place people in a world so different from their world of ... Upward social mobility, though welcome, can place people in a world so different from their world of ...
Social Conditions and Gender Social Conditions and Gender
Social Learning in Lobsters Social Learning in Lobsters
Video: Hormonal feedback loop components

For a complete list of videos, visit our video library