Bob owns 5 acres of land. Bob sells the land to a real estate developer who builds a subdivision with 10 houses. The land is an example of a good that is
a. both rival in consumption and excludable.
b. neither rival in consumption nor excludable.
c. excludable, but not rival in consumption.
d. rival in consumption, but not excludable.
a
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Human capital refers to the:
A. Stock of knowledge and skills that enables a person to be productive and earn income B. Number of workers in a country's labor force C. Number of labor hours worked in a country D. Schools, highways, and other infrastructure that increases labor productivity
Refer to the figure below. If Mallory and Rick are the only two consumers in this market and the price of soda is $0.25 per can, then what will be the market demand for soda each week? 
A. 90 cans B. 60 cans C. 70 cans D. 130 cans
There is a positive relationship between the demand for loanable funds and the real interest rate
Indicate whether the statement is true or false
The assumption that "other things are constant" is also known as the
A) ceteris paribus assumption. B) rational self-interest assumption. C) distinguishing characteristic of economics as a science. D) relationships assumption.