A public good is nonrivalrous and excludable
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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What is the key proposition of new growth theory that makes economic growth persist?
What will be an ideal response?
Economics
If a monopolist engages in perfect price discrimination,
a. the marginal revenue curve becomes steeper b. the demand curve also becomes the marginal revenue curve c. the demand curve is steeper than the marginal revenue curve d. the demand curve is not as steep as the marginal revenue curve e. there is no way to define its marginal revenue
Economics