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Author Question: Which of the following is a government-inhibited good? A) a lighthouse B) national defense C) ... (Read 96 times)

james9437

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on: Jun 29, 2018
Which of the following is a government-inhibited good?
 
  A) a lighthouse
  B) national defense
  C) public education
  D) cocaine

Question 2

Refer to the above figure. From the standpoint of society, the optimal price is
 
  A) P1
  B) P2
  C) P3
  D) P5


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bulacsom

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

D

Answer to Question 2

A


james9437

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

scottmt

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

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