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Author Question: Private goods are those for which consumption is A) rival and excludable. B) rival and ... (Read 107 times)

CQXA

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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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onowka

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

A

Answer to Question 2

C


CQXA

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  • Posts: 546
Reply 2 on: Jun 29, 2018
Wow, this really help

brbarasa

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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