Which of the following goods are both non-rival and non-excludable?
a. A program initiated by the government to improve adult literacy
b. A program initiated by a university to improve the quality of education for its students
c. A meal ordered by Kevin in a restaurant
d. A congested subway ride
a
Economics
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Economies of scale and limited demand can form a natural barrier to entry that can create a natural oligopoly
Indicate whether the statement is true or false
Economics
What is the poverty threshold?
(A) The percentage of people who live in poverty. (B) The income needed to live in an inner city or rural area. (C) The income of the lowest 20 percent of families. (D) The income level below that which is needed to support a family.
Economics