[Answered] Private goods are those for which consumption is A) rival and excludable. B) rival and ...

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CQXA

Hero Member
Posts: 546

on: Jun 29, 2018

Private goods are those for which consumption is

A) rival and excludable.
B) rival and nonexcludable.
C) nonrival and excludable.
D) nonrival and nonexcludable.

Question 2

The figure above shows the market for coffee. When the efficient quantity of coffee is produced, the marginal social benefit from the last pound is

A) 1.00.
B) 2.50.
C) 3.00.
D) 4.00.

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Marked as best answer by a Subject Expert

onowka

Sr. Member
Posts: 353

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

C

CQXA

Member
Posts: 546

Reply 2 on: Jun 29, 2018

Gracias!

T4T

Member
Posts: 348

Reply 3 on: Yesterday

Excellent

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