A car purchased by you is rival because:

a. you can prevent others from using your car.
b. it has many competitors.
c. your use of this car makes it unavailable for others.
d. it is nonexcludable.

C

Economics

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Hughes and Cain (2011) effectively argue that advancements in power technology helped open new opportunities for the strategic placement of cities and big factories

Indicate whether the statement is true or false

Economics

Which firm is not dealing with adverse selection

a. a manufacturer requires a 90 day probationary period for new employees b. a temporary clerical agency requires a typing test c. a manufacturer requires suppliers to be ISO 900 . certified d. Smokers get the same life insurance rates as non-smokers

Economics