If people can benefit from a good even if they do not pay for it, ...

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If people can benefit from a good even if they do not pay for it, the good is nonrival.
 
  Indicate whether the statement is true or false

Question 2

In the short run, perfectly competitive firms ________ but in the long run, perfectly competitive firms ________.
 
  A) can incur an economic loss; incur an economic loss
  B) can incur economic losses; make an economic profit
  C) must make an economic profit; make an economic profit
  D) can incur an economic loss; make zero economic profit

[Chelseyj.hasty]

Answer to Question 1

FALSE

Answer to Question 2

D

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Thanks for the timely response, appreciate it

[smrtceo]

YES! Correct, THANKS for helping me on my review