Which of the following displays these two characteristics: nonrivalry and excludability?
A) public goods B) private goods
C) quasi-public goods D) common resources
C
Economics
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What is the profit maximizing (loss minimizing) quantity for the perfectly competitive firm to produce?
Economics
The first bank chartered in the United States was the
a. First National Bank of the United States b. First National Bank of Boston c. First National Bank of New York d. Bank of North America e. Federal Reserve
Economics
Unions often face a tradeoff between higher wage rates and employment
Indicate whether the statement is true or false
Economics
According to the rational-expectation theory, an unanticipated increase in money supply increases both output and prices.
Answer the following statement true (T) or false (F)
Economics