An organization that provides a public good is:
A. DHL Overnight.
B. Federal Express.
C. the U.S. Post Office.
D. the United Parcel Service.
Answer: C
You might also like to view...
A short-run total cost function, TC = 100 + 32Q - 4Q2 + 0.4Q3, indicates the existence of
A) a linear total cost curve. B) a constant average variable cost curve. C) a U-shaped average variable cost curve. D) a constant marginal cost curve.
When individuals shift funds from money market mutual funds to no-load stock and bond mutual funds,
a. the growth rate of M1 will decline but the growth of M2 will be unaffected. b. the growth rate of M2 will decline but the growth of M1 will be unaffected. c. the growth rate of both M1 and M2 will decline. d. the growth rate of both M1 and M2 will increase.
Refer to the figure below. 
When Row Resorts and Column Cruises both play their dominant strategy:
A. Column Cruises earns a higher profit than does Row Resorts. B. both firms do better than if they had both played their dominated strategy. C. both firms do worse than if they had both played their dominated strategy. D. Row Resorts earns a higher profit than does Column Cruises.
Refer to the information provided in Figure 9.2 below to answer the question(s) that follow.
Figure 9.2Refer to Figure 9.2. Suppose demand for wheat is initially D2. If consumer incomes decrease, then demand for wheat will shift to ________. This will ________ the equilibrium price of wheat and individual profit-maximizing firms will produce ________ bushels of wheat.
A. D3; increase; 15 B. D1; decrease; 0 C. D1; increase; 10 D. D3; decrease; 7