A non-rival good is a good which:
a. is produced by a monopoly.
b. is produced by a cartel.
c. can provide benefits to additional users at a zero marginal cost.
d. is sold in a single market.
c
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Refer to the figure below. 
The dominant strategy for Row Resorts is to ________, and the dominant strategy for Column Cruises is to ________.
A. keep rates high; offer reduced rates B. offer reduced rates; keep rates high C. offer reduced rates; offer reduced rates D. keep rates high; keep rates high
Governments typically intervene in markets
a. to bring the market price to its equilibrium level b. to shift the price away from its equilibrium level c. only to increase the market price d. only to increase the market output e. because in some markets, supply and demand do not generate their own equilibrium price
If D represents the level of decentralization of corporate decisionmaking and A and C are positive constants, then Benefits = B× D and Costs = A × D + C × D2. The optimal level of decentralization occurs where
A. benefits equal costs. B. costs are equal to zero. C. D = (B - A)/2C. D. D = BD - AD- CD2.
Which of the following statements is false?
A) If there are only two goods, guns and butter, it is possible to produce more of both goods through economic growth. B) If there are only two goods, guns and butter, it is possible to produce more of both goods if the economy is currently operating at a productive inefficient point. C) If there are only two goods, guns and butter, it is possible to produce more of both goods if the economy is currently operating at a productive efficient point. D) If there are only two goods, guns and butter, producing more of one means producing less of the other if the economy is currently operating at a productive efficient point.