Author Question: Which of the following is an example of a nonexcludable product? A) Internet service for your ... (Read 52 times)

FButt

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Which of the following is an example of a nonexcludable product?
 
  A) Internet service for your home computer B) public transportation
  C) college education D) a public library

Question 2

Refer to Table 2-17. Which of the following statements is true?
 
  A) Lucy has a comparative advantage in making both products.
  B) James has a comparative advantage in making both products.
  C) Lucy has a comparative advantage in making tricycles and James in making wagons.
  D) Lucy has a comparative advantage in making wagons and James in making tricycles.


pallen55

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Answer to Question 1

D

Answer to Question 2

D



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