Concerts in arenas are not excludable because it is virtually impossible to prevent someone from seeing the show
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
For barter to occur there must be
A) two people willing to pay with credit. B) a double coincidence of wants for each good to be exchanged. C) one person who pays cash. D) hyperinflation.
The total sum of squares equals the sum of squares of the variation explained by the regression and the sum of squares of the errors
Indicate whether the statement is true or false
The short-run aggregate supply curve: a. has the same slope as the LRAS
b. shifts only when the LRAS shifts in the same direction. c. normally slopes upward to the right because the costs of labor and other inputs are relatively fixed in the short run. d. normally has a slope of zero, meaning the curve is horizontal.
The figure below shows private supply and demand for flu vaccines.
