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Author Question: To a firm in perfect competition, price and marginal revenue are equal. Indicate whether the ... (Read 151 times)

TFauchery

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on: Jun 30, 2018
To a firm in perfect competition, price and marginal revenue are equal.
  Indicate whether the statement is true or false

Question 2

A good which is nonexcludable and nonrival is called:
 a. a public good.
  b. a marketable good.
  c. a private good.
  d. a consumer good.


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komodo7

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

A


TFauchery

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

aliotak

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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