Which of the following goods are non-rivalrous in consumption? a. slice of pizza b. laptop computer c. public radio d. ice cream cone Rivalrous: There are different types of goods in the economy depending upon their nature and ...
Question: Which of the following is not an example of a public good? A. all-you-can-eat buffet B. concert in public parks C. police protection D. public TV and radio Public Good: Public good in economics is a...
Bitcoin Hurdles: the Public Goods Costs of Securing a Decentralized Seigniorage Network which Incentivizes Alternatives and Centralization By Tim Swanson1 Revised: April 9, 2014 Abstract Bitcoin has provided a creative way to solve several long-standing problems in computer science yet despite its ...
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1. Which of the following is an example of capital? A. Training B. Machinery C. Money D. Education E. Natural resources Capital Capital goodsare those items that are purchased to help the company produce consumer products or provide services. Capita...
Good Institution: A good institution following the definition must support the growth of an individual or the country's citizens and support economic performance and sustainability. Good institutions result in sustainable long-term economic ...
Economics is a branch of knowledge that studies people's ordinary business lives through their interaction with utility, particularly in the production, consumption, and distribution of goods and services. It explains the characteristics of different economic agents and their influence on the econom...
Which of the following is an example of a land resource? a. cow b. factory c. employee d. tractor e. none of the above Resources: In business and economics, resources are the inputs required in production for human needs. Some can b...
Which of the following is not a type of inventory? a) Finished goods in the stockroom b) Food cans in a food store c) Raw materials d) Job being processed on the machine e) All of the above Which of the following goo...
Question: Which of the following products is typically a wife-dominant purchase? a. food processor b. furniture c. apartment d. auto insurance CONSUMPTION Consumption refers to the use of goods and services by individuals to derive satisfaction...