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Author Question: A decrease in the labor force shifts the production possibilities frontier inwards over time. ... (Read 82 times)

abern

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on: Jun 29, 2018
A decrease in the labor force shifts the production possibilities frontier inwards over time.
 
  Indicate whether the statement is true or false

Question 2

List the two characteristics that define a public good.
 
  What will be an ideal response?


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juliaf

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

TRUE

Answer to Question 2

(1.) Nonrival.
(2.) Non-excludable.


abern

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

kishoreddi

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Reply 3 on: Yesterday
Excellent

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