If the "Marginal Congestion Cost" for a public good is constant then the optimal number of users is infinite
a. True b. False
b
Economics
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Public goods arise because of externalities.
Answer the following statement true (T) or false (F)
Economics
Briefly explain why empirical consumer demand studies such as Patrick McCarthy's study of automobile demand are relevant to managers
What will be an ideal response?
Economics
When aggregate demand intersects aggregate supply in its vertical segment, unemployment will result
Indicate whether the statement is true or false
Economics
If the dollar-euro exchange rate on June 30, 2010, is $1.225 per euro, then the euro-dollar exchange rate would be:
a. $2.45 per dollar. b. $0.816 per dollar. c. $1.225 per dollar. d. $1 per dollar.
Economics