A public good is a good that is both rival and excludable

Which of the following program(s) is (are) in-kind assistance to fight poverty in the United States?

a. b and e. b. Medicaid. c. Unemployment benefits. d. Temporary Assistance to Needy Families (TANF). e. SNAP (food stamps).

Due to the impact of increasing returns to scale, smaller firms can produce at a lower average total cost than larger firms

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