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Author Question: Public goods have at least one of two characteristics. What are the two characteristics? a. ... (Read 33 times)

Charlie

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Public goods have at least one of two characteristics. What are the two characteristics?
 
  a. collective consumption; nonexcludability
  b. individual consumption; nonexcludability
  c. collective consumption; excludability
   d. individual consumption; excludability

Question 2

Severance taxes do not allow companies to shift any the tax burden to demanders because the supply of natural resources is completely inelastic.
 
  a. True b. False



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Beatricemm

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Answer to Question 1

a

Answer to Question 2

b





 

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