A common resource is:
A. not rival in consumption and not excludable.
B. rival in consumption, but not excludable.
C. rival in consumption and excludable.
D. not rival in consumption, but excludable.
Answer: B
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The low-wage workers who escape poverty generally do so permanently
Indicate whether the statement is true or false
Marginal cost
a. Is the additional cost incurred by producing and selling one more unit b. Is the total cost incurred by producing and selling one more unit c. Is the additional fixed cost incurred by producing and selling one more unit d. None of the above
It is possible to purchase diplomas from diploma mills. The situation in which the degrees are more important than the knowledge they are supposed to represent is called:
A. accreditation. B. credentialism. C. cretinism. D. diplomacy.
Average per capita water consumption in the United States was approximately how many gallons per day in 2005?
A. 440. B. 764. C. 1,941. D. 1,363.