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

Author Question: If it is impossible to prevent someone from benefiting from a good regardless of whether or not the ... (Read 85 times)

aabwk4

  • Hero Member
  • *****
  • Posts: 593
If it is impossible to prevent someone from benefiting from a good regardless of whether or not the person paid for it, then the good is
 
  A) nonrival.
  B) rival.
  C) nonexcludable.
  D) excludable.

Question 2

If the cross elasticity of demand is -5 between french fries and orange drink, then french fries
 
  A) and orange drink are complements.
  B) and orange drink are substitutes.
  C) are a normal good and orange drink is an inferior good.
  D) are an inferior good and orange drink is a normal good.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Anton

  • Sr. Member
  • ****
  • Posts: 302
Answer to Question 1

C

Answer to Question 2

B




aabwk4

  • Member
  • Posts: 593
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

For a complete list of videos, visit our video library