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Author Question: Free riding is a characteristic of which type of good? A) a private good B) a good that is both ... (Read 60 times)

HudsonKB16

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on: Jun 29, 2018
Free riding is a characteristic of which type of good?
 
  A) a private good B) a good that is both rival and excludable
  C) a public good D) a common resource

Question 2

Refer to Figure 3-5. At a price of 5
 
  A) there is a shortage of 4 units. B) there is a shortage of 6 units.
  C) there is a scarcity of 4 units. D) there is a surplus of 4 units.


cassie_ragen

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

C

Answer to Question 2

A


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HudsonKB16

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Reply #2 on: Jun 29, 2018
Thank you


cassie_ragen

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Reply #3 on: Jun 29, 2018
No problemo


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