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

Author Question: A private good is ________ and ________. A) rival; excludable B) nonrival; excludable C) rival; ... (Read 104 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
A private good is ________ and ________.
 
  A) rival; excludable
  B) nonrival; excludable
  C) rival; nonexcludable
  D) nonrival; nonexcludable

Question 2

As the quantity of labor employed by a firm decreases, labor's ________ increases.
 
  A) marginal cost
  B) value of marginal product
  C) marginal revenue
  D) average cost



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scikid

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

A

Answer to Question 2

B




arivle123

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

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?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

For a complete list of videos, visit our video library