A concert by Toni Braxton is
a. rival and exclusive, and therefore is a public good
b. rival and exclusive, and therefore is a private good
c. exclusive, but since it is nonrival, it is a public good
d. nonrival and nonexclusive, and therefore is a public good
e. nonrival and nonexclusive, and therefore is a private good
B
Economics
You might also like to view...
Refer to Table 2.1. GDP in 2012 is
A) $190.00. B) $199.50. C) $215.00. D) $267.50.
Economics
It can be argued that Thomas Malthus' An Essay on the Principle of Population statement that population growth will always outstrip food production has been discredited due to
A) increase in the world-wide farming population. B) less world-wide consumption of grains. C) improvement in technology of food production. D) increase in food processing facilities.
Economics