Corn flakes are
A) a rival good because many firms produce them.
B) a rival good because if another person wants some corn flakes society has to use additional resources to produce corn flakes for that person.
C) a non-rival good because there are only a few firms in the industry.
D) a non-rival good because even if another person wants some corn flakes so many corn flakes are produced that no additional resources are used to satisfy this new customer's needs.
E) a public good.
Question 2
When states make car insurance mandatory for all drivers, it
A) raises rates for everyone because it brings bad drivers into the pool.
B) raises rates for high-risk drivers.
C) may lower rates for all drivers to the extent that it keeps low-risk drivers in the pool.
D) prevents high-risk drivers from selecting out, to the detriment of low-risk drivers.
E) increases the amount of information available to insurers about the population.
onions taste good
Examples of the most common X-ray positions and the images they produce.
The primary response causes B cells to produce memory B cells and a few antibodies. The second ...
A pedigree for an X-linked dominant trait. Affected males produce all affected daughters and no affe
Competitive firms and maximization
Anatomy of a seed. Left, corn (Zea Mays), a monocot; right, pea (Pisum sativum), a eudicot