Public goods are basically

A) rival in consumption.
B) nonrival in consumption.
C) depletable in consumption.
D) nondepletable in consumption.

Answer: B

Economics

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Firms price discriminate to maximize total revenue

Indicate whether the statement is true or false

Economics

A country would tend to experience currency depreciation relative to other countries if: a. the profitability of investments within the country increases relative to the rest of the world. b. people in the foreign currency markets expect the value of the currency to rise in the near future. c. the foreign demand for its exports decreases

d. none of the above.

Economics