Which of the following goods is rival in consumption and excludable?

a. a DVD
b. a movie in an empty theater
c. an outdoor movie shown at a public park
d. a movie shown on cable television.

a

Economics

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Caroline Jahn has a professional degree and is 51 years old. Bob Rubate also has a professional degree and is 29 years old. On average, Caroline most likely earns

a. 75 percent less than Bob b. 7 percent less than Bob c. 75 percent more than Bob d. 7 percent more than Bob e. the same amount as Bob

Economics

All of the following can be used to reduce risk except which one?

A) settling a law suit B) entering into litigation C) purchasing insurance D) diversifying your stock portfolio

Economics