Goods can be classified on the basis of whether their consumption is
A) includable and cooperative. B) rival and excludable.
C) internal and excludable. D) rival and competitive.
B
Economics
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The automobile, steel, and oil markets are all examples of:
a. perfectly competitive markets. b. monopolies. c. monopolistically competitive markets. d. oligopolies.
Economics
List the four components of GDP
Economics
Which of the following is not an example of investment spending?
A. Construction of a new factory B. The purchase of stock in the stock market C. Inventory expenditures D. New equipment
Economics
In economics, ________ are limited but ________ are unlimited.
A. ideas; money B. money; ideas C. wants; resources D. resources; wants
Economics