National defense is an example of a ________. A) public good ...

[naturalchemist]

National defense is an example of a ________.
 
  A) public good
  B) natural monopoly good
  C) common resource
  D) private good

Question 2

The table above shows output and costs of Evan's Subs, a typical perfectly competitive firm in a local market for sandwiches. Evan's fixed cost is 9 per hour. The current market price of a sandwich is 6. What is Evan's shut-down price?
 
  A) 6 per sandwich
  B) 4 per sandwich
  C) 3 per sandwich
  D) 5 per sandwich

[djofnc]

Answer to Question 1

A

Answer to Question 2

D

[naturalchemist]

Thanks for the timely response, appreciate it

[mcarey591]

Excellent