This topic contains a solution. Click here to go to the answer

Author Question: A private good is ________ and ________. A) rival; excludable B) nonrival; excludable C) rival; ... (Read 106 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scikid

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

A

Answer to Question 2

B




arivle123

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Excellent


Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

For a complete list of videos, visit our video library