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Author Question: A good example of a product that is both non-excludable and non-rivalrous is (Read 13 times)

najmarocks25

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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
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Marked as best answer by najmarocks25 on Oct 12, 2022

ALuthy

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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.
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najmarocks25

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

ghepp

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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