A concert in a crowded auditorium is ________ in consumption

A) non-excludable and non-rival
B) excludable but non-rival
C) excludable and rival
D) non-excludable but rival

C

Economics

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One of the ways the market for used cars copes with the problems associated with private information is through the offering of

A) leases. B) warranties. C) low interest rates. D) low prices.

Economics

An increase in consumer income will shift both the supply and demand curves

a. True b. False Indicate whether the statement is true or false

Economics