This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A good example of a product that is both non-excludable and non-rivalrous is (Read 128 times)

najmarocks25

  • Full Member
  • ***
  • Posts: 149
on: Oct 12, 2022

Question 1

In economics, the term "public good" refers to a product
◦ which consumers cannot be excluded from using.
◦ that is widely advertised.
◦ that has a very low marginal cost of production.
◦ that is produced by a publicly owned corporation.
◦ that only private producers will provide.

Question 2

A good example of a product that is both non-excludable and non-rivalrous is
◦ public information.
◦ electricity.
◦ food.
◦ grazing land.
◦ natural gas.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by najmarocks25 on Oct 12, 2022

ALuthy

  • Full Member
  • ***
  • Posts: 161
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


najmarocks25

  • Member
  • Posts: 149
Reply 2 on: Oct 12, 2022
Excellent

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

What makes tea so good What makes tea so good
Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan). Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan).
Rice noodles are a good gluten-free substitute for pasta Rice noodles are a good gluten-free substitute for pasta
Almonds and other nuts are also good sources of protein Almonds and other nuts are also good sources of protein
Importance of Considering Gestalt Principles in Product Design (1 of 2) Importance of Considering Gestalt Principles in Product Design (1 of 2)
Most Canadian seniors rated their health as good to excellent. Most Canadian seniors rated their health as good to excellent.
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library