Private goods are those for which consumption is A) rival and ...

[CQXA]

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.

[onowka]

Answer to Question 1

A

Answer to Question 2

C

[CQXA]

Thanks for the timely response, appreciate it

[AISCAMPING]

YES! Correct, THANKS for helping me on my review