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Author Question: In the above figure, a negative relationship between price and quantity is shown in A) Figure A. ... (Read 34 times)

Coya19@aol.com

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on: Jun 29, 2018
In the above figure, a negative relationship between price and quantity is shown in
 
  A) Figure A.
  B) Figure B.
  C) both Figure A and Figure B.
  D) neither Figure A nor Figure B.

Question 2

If it is impossible or very costly to prevent someone from benefiting from a good even if the person does not pay for it, the good is
 
  A) nonrival.
  B) nonexcludable.
  C) pure.
  D) rival.


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KKcool

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

A

Answer to Question 2

B


Coya19@aol.com

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Reply #2 on: Jun 29, 2018
Thank you :)


KKcool

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Reply #3 on: Jun 29, 2018
Happy to help you


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