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Author Question: A private cost is a cost of production that is A) borne by the producer of a good. B) measured ... (Read 37 times)

evelyn o bentley

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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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mrphibs

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

A

Answer to Question 2

A


evelyn o bentley

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

carlsona147

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Reply 3 on: Yesterday
Wow, this really help

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