Author Question: A particular good is not scarce when A) everyone is able to purchase as much of the good as they ... (Read 70 times)

BRWH

  • Hero Member
  • *****
  • Posts: 553
A particular good is not scarce when
 
  A) everyone is able to purchase as much of the good as they wish to purchase.
  B) it is available in large enough quantities to meet everyone's needs.
  C) no one must sacrifice anything to obtain more of the good.
  D) there is a surplus of the good.

Question 2

Which of the following is the best example of a free good?
 
  A) HIV/AIDS cocktails freely distributed to people in developing countries
  B) The air you are currently breathing
  C) Public roads
  D) Public schooling in states where education is subsidized



joshraies

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

For a complete list of videos, visit our video library