--%>
Assignment Help - homework help

Nonrivalry and nonexcludability

Select the right ans wer of the question.Nonrivalry and nonexcludability are the main characteristics of: A) capital goods. B) private goods. C) public goods. D) consumption goods.

   Related Questions in Microeconomics

  • Q : Asymmetric Information problem The

    The one-year old car tends to sell for much less than the brand latest car. A part of the reason is that: (i) Sellers and buyers have similar information regarding used cars as they do latest cars. (ii) Buyers and sellers both encompass more information regarding new

    		•
  • Q : Question on ATC and MC A perfectly

    A perfectly competitive market within the long period: Data         firm A:  ATC = y2   4y + 12 an

    		•
  • Q : Price elasticity of demand Elucidate

    Elucidate any four factors which affect the price elasticity of demand.

    		•
  • Q : Normal accounting profits in monopoly

    This monopoly makes Q units and experiences as: (1) economic profits equal to 0cbQ. (2) economic losses equal to cpab. (3) more than normal accounting profits. (4) marginal cost in excess of average total cost. (5) total revenue less than total cost.<

    		•
  • Q : Meaning of division of labor Give the

    Give the answer of following question. The division of labor means that: 1) labor markets are geographically segmented. 2) unskilled workers outnumber skilled workers. 3) workers specialize in various production tasks. 4) each worker performs a large number of tasks.<

    		•
  • Q : When market for a good is in equilibrium

    Whenever the market for the good is in equilibrium, this signifies that the: (i) Demand and supply are equivalent. (ii) Tax wedge is perfectly offset by the government advantages. (iii) Differences among demand prices and supply prices equivalent profit per unit. (iv)

    		•
  • Q : Opportunity costs in different prices

    While a firm is NOT able of price discrimination: (w) various prices are charged for units of remotely related goods. (x) only opportunity costs are reflected in various prices for units of similar good. (y) any short term profit stimulates long run l

    		•
  • Q : Revenue receipts treated as legally

    Which kind of revenue receipts are considered as legally compulsory payment imposed on people by the government? Give illustration also. Answer: Taxes imposed on th

    		•
  • Q : Large numbers of potential sellers in

    Features of pure competition do not comprise: (w) homogeneous products.(x large numbers of potential buyers. (y) important barriers to entry. (z) large numbers of potential sellers. Can anybody suggest me the prope

    		•
  • Q : Discrimination and Income Differentials

    By 2000, the differential among the rich and the poor which can be attributed to economic discrimination was computed at: (w) approximately 60 percent. (x) approximately 30 percent. (y) under 10 percent. (z) zero.