For ________ goods, market demand is the horizontal summation of individual demand curves and for ________ goods, market demand is the vertical summation of individual demand curves.

A. nonexcludable; excludable
B. nonrival; rival
C. public; private
D. private; public


Answer: D

Economics

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A) Safeguards B) Countervailing duty C) Fair trade D) Competitive trade

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Activists believe ________

A) the self-correcting mechanism in the economy is very slow B) in the adoption of policies to eliminate excessive unemployment C) doing nothing will leave too many people out of work for too long D) all of the above E) none of the above

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Answer the following statement true (T) or false (F)

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The table above shows Mary's utility from chips and soda. The table shows that

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