This topic contains a solution. Click here to go to the answer

Author Question: A private cost is a cost of production that is A) borne by the producer of a good. B) measured ... (Read 82 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
A private cost is a cost of production that is
 
  A) borne by the producer of a good.
  B) measured in marginal terms.
  C) borne by someone other than the producer of a good.
  D) measured in total terms.

Question 2

When consumption of a good is nonrival and nonexcludable, the good is a
 
  A) public good.
  B) private good.
  C) mixed good.
  D) service.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mrphibs

  • Sr. Member
  • ****
  • Posts: 307
Answer to Question 1

A

Answer to Question 2

A




evelyn o bentley

  • Member
  • Posts: 564
Reply 2 on: Jun 29, 2018
Wow, this really help


EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

For a complete list of videos, visit our video library