In a perfectly competitive market, the efficient quantity of a good will be produced when the good is: rival in consumpt

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

In a perfectly competitive market, the efficient quantity of a good will be produced when the good is: rival in consumpt

Post by answerhappygod »

In a perfectly competitive market, the efficient quantity of agood will be produced when the good is:
rival in consumption and nonexcludable.
rival in consumption and excludable.
nonrival in consumption and excludable.
nonrival in consumption and nonexcludable.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”