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Author Question: If it is impossible to prevent someone from benefiting from a good regardless of whether or not the ... (Read 31 times)

aabwk4

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on: Jun 29, 2018
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.


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Anton

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

C

Answer to Question 2

B


aabwk4

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

jackie

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Reply 3 on: Yesterday
Excellent

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