« previous next »

Author Question: Corn flakes are A) a rival good because many firms produce them. B) a rival good because if ... (Read 80 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
on: Jul 1, 2018
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.


brittrenee

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Imperfect flowers of corn, a monoecious plant. Imperfect flowers of corn, a monoecious plant.
corn snake corn snake
Corn Corn
The medical assisting profession offers many settings in which to pursue your career. Good communica The medical assisting profession offers many settings in which to pursue your career. Good communica
Examples of the most common X-ray positions and the images they produce. Examples of the most common X-ray positions and the images they produce.
Farmers’ markets provide fresh, local produce to consumers Farmers’ markets provide fresh, local produce to consumers
Video: Digestive System Animation

For a complete list of videos, visit our video library