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 89 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


rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

For a complete list of videos, visit our video library