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Author Question: The tragedy of the commons occurs because some goods are ________ in consumption. A) excludable ... (Read 55 times)

fbq8i

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on: Jun 29, 2018
The tragedy of the commons occurs because some goods are ________ in consumption.
 
  A) excludable
  B) non-excludable but rival
  C) non-rival and non-excludable
  D) non-rival

Question 2

Based on the figure above, if the factory owned the river then at the equilibrium, marginal social cost would ________ marginal benefit, and the quantity of chemical produced would be ________.
 
  A) exceed; above the efficient quantity
  B) exceed; below the efficient quantity
  C) be below; above the efficient quantity
  D) be below; below the efficient quantity
  E) equal; efficient


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chem1s3

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

B

Answer to Question 2

E


fbq8i

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Reply 2 on: Jun 29, 2018
Excellent

jomama

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Reply 3 on: Yesterday
:D TYSM

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