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Author Question: If a good is excludable, ________. A) one person's use of the good reduces the amount of the good ... (Read 122 times)

Chelseaamend

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on: Jun 29, 2018
If a good is excludable, ________.
 
  A) one person's use of the good reduces the amount of the good available to others
  B) people can be prevented from using the good
  C) more than one person cannot use the good at the same time
  D) several people can use the good simultaneously

Question 2

Other things remaining the same, which of the following is likely to cause a decrease in both the wage rate and the number of workers hired in a glass factory?
 
  A) The introduction of labor-saving technology in the factory
  B) The introduction of labor-complementary technology in the factory
  C) A decrease in the population in the region where the factory is located
  D) An increase in the population in the region where the factory is located


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TheNamesImani

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

B

Answer to Question 2

A


Chelseaamend

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

bitingbit

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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