« previous next »

Author Question: A good or service or a resource is rival if A) it is possible to prevent someone from enjoying ... (Read 47 times)

B

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
A good or service or a resource is rival if
 
  A) it is possible to prevent someone from enjoying its benefits.
  B) it is not possible to prevent someone from enjoying its benefits.
  C) its use by one person decreases the quantity available for someone else.
  D) its use by one person does not decrease the quantity available for someone else.

Question 2

The value of marginal product equals
 
  A) total revenue divided by total product (output).
  B) marginal revenue divided by marginal product.
  C) total revenue multiplied by total product (output).
  D) good's market price multiplied by marginal product.


Sammyo

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Bioinformatics tools at the BAR (Bio-Array Resource). Bioinformatics tools at the BAR (Bio-Array Resource).
Capillaries act as bridges between the arteries and veins. Valves in the veins prevent backflow as ... Capillaries act as bridges between the arteries and veins. Valves in the veins prevent backflow as ...
Steel-toed shoes are a worthwhile investment to help prevent foot injury due to falling objects. ... Steel-toed shoes are a worthwhile investment to help prevent foot injury due to falling objects. ...
A PCV valve shown in a cutaway valve cover showing the baffles that prevent liquid oil from being ... A PCV valve shown in a cutaway valve cover showing the baffles that prevent liquid oil from being ...
After checking for stored diagnostic trouble codes (DTCs), the wise technician checks service ... After checking for stored diagnostic trouble codes (DTCs), the wise technician checks service ...
Peanut butter is good source of protein Peanut butter is good source of protein
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library