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Author Question: A private good is ________ and ________. A) rival; excludable B) nonrival; excludable C) rival; ... (Read 81 times)

arivle123

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on: Jun 29, 2018
A private good is ________ and ________.
 
  A) rival; excludable
  B) nonrival; excludable
  C) rival; nonexcludable
  D) nonrival; nonexcludable

Question 2

As the quantity of labor employed by a firm decreases, labor's ________ increases.
 
  A) marginal cost
  B) value of marginal product
  C) marginal revenue
  D) average cost


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scikid

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

A

Answer to Question 2

B


arivle123

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

mammy1697

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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