Figure 18.2Refer to Figure 18.2. Macadamia has a comparative advantage in the production of:

Which of the following goods is least likely to be provided by the private sector?

a. a good characterized by nonrivalry in consumption from which nonpaying customers can be excluded b. a good characterized by nonrivalry in consumption from which paying customers cannot be excluded c. a good characterized by rivalry in consumption from which nonpaying customers can be excluded d. a good for which the marginal private benefit to an individual exceeds the marginal cost of producing the good

If statistical analysis does not show clusters of characteristics

a. We can divide the world into economic systems b. factors other than the economic system affect outcomes c. growth cannot be measured accurately d. we can study institutional economics but not comparative economic systems e. None of the above