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Author Question: Private goods are those for which consumption is A) rival and excludable. B) rival and ... (Read 155 times)

CQXA

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on: Jun 29, 2018
Private goods are those for which consumption is
 
  A) rival and excludable.
  B) rival and nonexcludable.
  C) nonrival and excludable.
  D) nonrival and nonexcludable.

Question 2

The figure above shows the market for coffee. When the efficient quantity of coffee is produced, the marginal social benefit from the last pound is
 
  A) 1.00.
  B) 2.50.
  C) 3.00.
  D) 4.00.


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onowka

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

A

Answer to Question 2

C


CQXA

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

sailorcrescent

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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