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Author Question: A green pasture has turned barren due to overgrazing. This happened because the pasture was ... (Read 160 times)

jho37

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on: Jun 29, 2018
A green pasture has turned barren due to overgrazing. This happened because the pasture was ________.
 
  A) excludable and rival
  B) non-excludable and non-rival
  C) excludable but non-rival
  D) non-excludable but rival

Question 2

The figure above shows that at the unregulated market equilibrium, marginal social benefit ________ marginal cost, and the number of students enrolled is ________.
 
  A) exceeds; above the efficient quantity
  B) exceeds; below the efficient quantity
  C) is below; above the efficient quantity
  D) is below; below the efficient quantity
  E) equals; efficient


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sabina576

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

D

Answer to Question 2

B


jho37

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

Dinolord

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Reply 3 on: Yesterday
Excellent

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