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Author Question: One characteristic of a public good is that it A) is available for consumption by only a few ... (Read 103 times)

rmenurse

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on: Jun 29, 2018
One characteristic of a public good is that it
 
  A) is available for consumption by only a few individuals at any particular time.
  B) always eliminates the free-rider problem.
  C) can be consumed simultaneously by many individuals.
  D) can be easily subdivided into small units.

Question 2

Which of the following is a behavioral implication of bounded rationality?
 
  A) unbounded selfishness
  B) a rule of thumb
  C) a rational mistake
  D) a nervous breakdown


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yotaSR5

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

C

Answer to Question 2

B


rmenurse

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Reply #2 on: Jun 29, 2018
Correct answers!


yotaSR5

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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