Using the economic way of thinking, which of the statements ...

[dbose]

Using the economic way of thinking, which of the statements listed below best answers the following question: Why do professional athletes tend to make more money than professional poets?
 
  A) Americans love sports and hate poetry.
  B) Poets are less greedy and materialistic than athletes.
  C) More people are willing to pay 50 per ticket to see an athletic competition than they are to listen to a poet.
  D) The supply of poets is too low.

Question 2

A view of a spectacular sunset on a beach is ________.
 
  A) a rival and excludable good
  B) an excludable good
  C) a non-rival good
  D) a rival but non-excludable good

[heinisk01]

Answer to Question 1

C

Answer to Question 2

C

[dbose]

Excellent

[6ana001]

TYSM