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Author Question: From which of the following goods is it most difficult to exclude free riders? A) Tickets for the ... (Read 132 times)

Mr. Wonderful

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on: Jun 29, 2018
From which of the following goods is it most difficult to exclude free riders?
 
  A) Tickets for the Newport Jazz Festival
  B) Food and beer sold at the Newport Jazz Festival
  C) Programs and souvenirs sold at the Newport Jazz Festival
  D) A radio simulcast of the Newport Jazz Festival

Question 2

Refer to the scenario above. A change in the probability of breakdown to 10 percent will:
 
  A) increase the net present value to 135.65.
  B) lead to a negative net present value.
  C) decrease the net present value to 16.02.
  D) decrease the net present value to 10.


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Shshxj

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

D

Answer to Question 2

C


Mr. Wonderful

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Reply 2 on: Jun 29, 2018
Excellent

bbburns21

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

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