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Author Question: Which of the following would be classified as a public good? A) state lotteries B) telephone ... (Read 75 times)

Frost2351

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on: Jun 29, 2018
Which of the following would be classified as a public good?
 
  A) state lotteries
  B) telephone service
  C) cable TV programming
  D) national defense

Question 2

The outputs of an oligopolistic industry
 
  A) can be homogeneous or differentiated.
  B) must cost above 100 on the market.
  C) always have excise taxes imposed on them.
  D) have no substitutes on the market.


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emilymalinowski12

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

D

Answer to Question 2

A


Frost2351

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Joy Chen

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Reply 3 on: Yesterday
Excellent

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