Author Question: Public goods are ________ in consumption. A) excludable but non-rival B) non-excludable and ... (Read 115 times)

kfurse · **on:** Jun 29, 2018

Public goods are ________ in consumption.

A) excludable but non-rival
B) non-excludable and non-rival
C) rival but non-excludable
D) excludable and rival

Question 2

When Al makes the statement, The cost of living has increased 10 percent over the past 10 years, he is

A) making a normative statement.
B) making a positive statement.
C) testing an economic model.
D) facing the standard of living tradeoff.