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

Author Question: If it possible to prevent a person from enjoying the benefits of a good unless the person pays for ... (Read 180 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
If it possible to prevent a person from enjoying the benefits of a good unless the person pays for the good, the good is
 
  A) rival.
  B) excludable.
  C) pure.
  D) free.

Question 2

If a decrease in price decreases a monopolist's total revenue, then
 
  A) demand is elastic.
  B) demand is inelastic.
  C) demand is unit elastic.
  D) the law of demand is violated.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

B

Answer to Question 2

B




sabina

  • Member
  • Posts: 563
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

For a complete list of videos, visit our video library