[Answered] A private cost is a cost of production that is A) borne by the producer of a good. B) measured ...

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evelyn o bentley

Hero Member
Posts: 564

on: Jun 29, 2018

A private cost is a cost of production that is

A) borne by the producer of a good.
B) measured in marginal terms.
C) borne by someone other than the producer of a good.
D) measured in total terms.

Question 2

When consumption of a good is nonrival and nonexcludable, the good is a

A) public good.
B) private good.
C) mixed good.
D) service.

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Marked as best answer by a Subject Expert

mrphibs

Sr. Member
Posts: 307

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

A

evelyn o bentley

Member
Posts: 564

Reply 2 on: Jun 29, 2018

Wow, this really help

JaynaD87

Member
Posts: 368

Reply 3 on: Yesterday

Gracias!

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