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Author Question: A good which is nonrival and nonexcludable is A) a public good. B) a private good. C) a social ... (Read 197 times)

yoroshambo

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on: Jun 29, 2018
A good which is nonrival and nonexcludable is
 
  A) a public good.
  B) a private good.
  C) a social good.
  D) an externality.

Question 2

The above figure shows the marginal social benefit and marginal social cost curves of doughnuts in the nation of Kaffenia. What is the efficient quantity of doughnuts to produce each day?
 
  A) 100 dozen
  B) 200 dozen
  C) 300 dozen
  D) 500 dozen


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Joy Chen

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

A

Answer to Question 2

B


yoroshambo

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Reply #2 on: Jun 29, 2018
Correct answers!


Joy Chen

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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