Business, 28.08.2019 19:30 flyingcerberus1408

15. assume there is no way to prevent someone from using an interstate highway, regardless of whether or not he or she pay for it. this characteristic is called: a. nonrivalry b. nonexcludability c. nontaxability d. nondiscrimination 16. in a free-market economy, a product which entails a positive externality will be: a. overproduced b. underproduced c. produced at the optimal level d. associated only with goods and services provided by the government 21. a nation's real gdp was $250 billion in 2009 and $265 billion in 2010. its population was 120 million in 2009 and 125 million in 2010. what is its real gdp per capita in 2010? a. $2,120 per person b. $212 per person c. $21,200 per person d. $205 per person

Answers: 1

Show answers

Answers

The correct answer for this question is this one:
- This characteristic is called: A. Nonrivalry B. Nonexcludability C. Nontaxability D. Nondiscrimination

- In a free-market economy, a product which entails a positive externality will be: A. Overproduced B. Underproduced C. Produced at the optimal level D. Associated only with goods and services provided by the government

- 21. A nation's real GDP was $250 billion in 2009 and $265 billion in 2010. Its population was 120 million in 2009 and 125 million in 2010. What is its real GDP per capita in 2010? A. $2,120 per person B. $212 per person C. $21,200 per person D. $205 per person
Hope this helps answer your question and have a nice day ahead.

Answer from: Vanesssajohn4046

Explanation:

15. Assume there is no way to prevent someone from using an interstate highway, regardless of whether or not he or she helps pay for it. This characteristic is called:

A. Nonrivalry B. Nonexcludability C. Nontaxability D. Nondiscrimination

The correct answer is Nonexcludability. In economics, a good or service is called excludable if it is possible to prevent people (consumers) who have not paid for it from having access to it. By comparison, a good or service is non-excludable if non-paying consumers cannot be prevented from accessing it.

16. In a free-market economy, a product which entails a positive externality will be:

A. Overproduced B. Underproduced C. Produced at the optimal level D. Associated only with goods and services provided by the government

The correct answer is (A) Overproduced: the benefits associated with a product exceed those accruing to people who consume it.

21. A nation's real GDP was $250 billion in 2009 and $265 billion in 2010. Its population was 120 million in 2009 and 125 million in 2010. What is its real GDP per capita in 2010?

A. $2,120 per person B. $212 per person C. $21,200 per person D. $205 per person

The correct Answer is $2120 per person

Real GDP per capita: Real GDP divided by Population. This is the "average" output of the economy per person measured in a base year prices. That is $265,000,000,000/125,000,000 = $2120 per person.

Answer from: Quest

i would ask my boss to do more things around the car shop. and i would slowly work my way up to working on cars and becoming a full time mechanic.

Answer from: Quest

ool enjoy a dunc cap cp cap cap

Another question on Business

Business, 21.06.2019 21:00

Arriving and delivering a load of company executives for a business meeting at a destination far from home base requiring an overnight stay, a company’s pilot requested approval from the company finance office to pay to either have the company’s jet brought into the fbo's hangar overnight to protect it from a forecast snowfall or to have it de-iced by the fbo the following morning well-before scheduled departure. the company was under considerable financial pressure at the time, and the pilot’s requests were denied because of the cost. so, early the following morning, the pilot was up on the wing of the jet sweeping off an accumulation of snow and ice with a borrowed push broom in preparation for the scheduled departure with the executives, but slipped and fell to the ground, suffering a broken neck. the business was organized as a limited partnership, owned by 3 limited partners and one general partner. as a cost-saving measure, the company had dropped its workers’ compensation insurance before the accident. analyze the potential liability for the pilot’s injuries of each of the following, showing your reasoning clearly: the company the general partner the limited partners analyze how the outcome would have been different, if the business had been organized as a corporation and observed all of the formalities to legitimize its corporate status. analyze how the outcome would have been different, if the pilot had been covered by workers’ compensation insurance.

Answers: 3

Answer

Business, 22.06.2019 08:00

How do communism and socialism differ in terms of the role that government plays in the economy ?

Answers: 1

Answer

Business, 22.06.2019 10:00

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.

Answers: 1

Answer

Business, 22.06.2019 11:10

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.

Answers: 1

Answer

You know the right answer?

15. assume there is no way to prevent someone from using an interstate highway, regardless of whethe...

Questions