Classify each of the following items as excludable, nonexcludable, rival, or nonrival. Explain your answer. A
Question:
Classify each of the following items as excludable, nonexcludable, rival, or nonrival. Explain your answer.
■ A public beach in Greece
■ An IKEA chair
■ A movie at the local cinema
■ A view of Mount Fuji
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
Sure I would be happy to help Heres how I would classify each of those items 1 A public beach in Gre...View the full answer
Answered By
Anjali Arora
Having the experience of 16 years in providing the best solutions with a proven track record of technical contribution and appreciated for leadership in enhancing team productivity, deliverable quality, and customer satisfaction. Expertise in providing the solution in Computer Science, Management, Accounting, English, Statistics, and Maths.
Also, do website designing and Programming.
Having 7 yrs of Project Management experience.
100% satisfactory answers.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
1. Classify the following services for computer owners with an Internet connection as rival or nonrival and as excludable or nonexcludable: eBay A mouse A Twitter page MyEconLab Web site 2....
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Classify each of the following items as an inflow (I) or an outflow (O) of cash, or as neither(N). Item Cash Accounts payable Notes payable Long-term debt Inventory Fixed assets Change (S) +100...
-
While you may not work for a large corporation, there is merit to the notion that the organization must speak with one voice and speak quickly in a crisis. What forces (tradition, practice, and...
-
Prove the statement using the ε, δ definition of limit and illustrate with a diagram like Figure 9. 16. lim (x + 3) = 2 15. lim (2x + 3) = 5 --2 17. lim (1 - 4x) 18. lim (7 - 3x) = -5 =...
-
Find the area of the triangle with a base equal to \(4 \mathrm{~cm}\) and the height equal to \(4 \mathrm{~cm}\).
-
How might the general manager know when to intervene?
-
Data for McCormick Designs, Inc. follow: Requirements 1. Prepare a horizontal analysis of the comparative income statement of McCormick Designs, Inc. Round percentage changes to one decimal place. 2....
-
Climbers expects total sales of $ 7 0 1 , 5 0 0 for January and $ 3 4 6 , 0 0 0 for February. Assume that Climbers' sales are collected as follows: ( Click the icon to view the collection history. )...
-
Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource. Explain your answer. Pastures of the Italian countryside Streetlights in Prague...
-
Why would the market economy produce too little healthcare?
-
The dredger in Fig P3.70 is loading sand (SG = 2.6) onto a barge. The sand leaves the dredger pipe at 4 ft/s with a weight flux of 850 lbf/s. Estimate the tension on the mooring line caused by this...
-
Should the auditor have a statutory right to demand responses to confirmation requests?
-
What are the four main areas on which the balanced scorecard is based?
-
Executives in the multibillion-dollar toy industry constantly search for the next big hit, a magical toy that will trigger a nationwide frenzy among youngsters comparable to the mania sparked in...
-
Derry and Co. is a large computer consultancy business that has a division specialising in robotics. Can you identify three non-financial measures that might be used to help assess the performance of...
-
If we wish to separate the following systems by distillation, is CMO approximately valid? a. Methanol and water b. Isopropanol and water c. Acetic acid and water d. Benzene from toluene
-
Thorsby Construction Ltd. (Thorsby) recently received a contract to do long-needed repairs on the major bridges leading to a large city. The bridges have stress fractures and other evidence of...
-
Copy and complete the statement. 3800 m ? km =
-
Suppose a technological advance lowers the cost of producing computer memory chips. What is the effect of this change on the demand for memory chips, the supply of memory chips, the equilibrium price...
-
During 2004, orange growers in Florida experienced three hurricanes. As a result, the amount of oranges harvested in Florida was smaller than usual. Orange growers in other states experienced normal...
-
The USA Today reported that in 2007, more than 25 percent of the corn crop could be used to produce ethanol, up from 20 percent in 2006 and 6 percent in 2000. USA Today also reported that farmers are...
-
Isaac was recruited to serve as the Chief Financial Officer (CFO) of Eta Corporation, a privately-owned company in the healthcare industry, effective March 1, 2022. Throughout the fiscal year 2023,...
-
Perpetual inventory using LIFO Beginning inventory, purchases, and sales data for prepaid cell phones for December are as follows: Inventory Dec. 1 1 , 6 0 0 units at $ 3 5 Purchases Dec. 1 0 8 0 0...
-
A B C D E 1 Exercise 5 Diverse Company makes three products that require a special raw material that is in limited 1 2 supply. To follow is the financial and production data per unit: Sales price...
Study smarter with the SolutionInn App