1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
katen-ka-za [31]
3 years ago
6

Explain what is meant by a good being "excludable." Explain what is meant by a good being "rival in consumption."

Business
1 answer:
vovikov84 [41]3 years ago
8 0

Answer:

If you can prevent a nonpaying consumer from having access to a good or service, that good is excludable. For example, only clients that buy a ticket can enter a movie theater and watch the movie.  

A good or service that can be consumed by only one consumer (or a specific number of consumers) is rival in consumption because other people cannot consume them simultaneously. For example, once the movie theater sold out, no more people can get inside and watch the movie.

You might be interested in
What is it like to be a criminal in a mixed economy
sweet-ann [11.9K]
It is very disturbing as everyone would be staring at you and wondering who you are. You would be confused because you would not know what to do. Life would be different than to the place you live it. It is basically strange.
6 0
3 years ago
Help bell buissness help bell bel
NISA [10]

Answer:

I am not sure but is A

Explanation:

A. It will increase the money supply

8 0
2 years ago
Read 2 more answers
You have decided it’s time to buy a house, and you have found the one you want. The price is $500,000, and you will pay 10% in
sp2606 [1]

Based on the amount of the loan, the interest rate, and the loan period, the monthly payment would be <u>$3,302.</u>

<h3>Loan Amount</h3>

<em>= Price of house - Amount in cash </em>

= 500,000 - ( 500,000 x 10%)

= $450,000

<h3>Periodic interest </h3>

= 8% / 12 months

= 8/12%

<h3>Number of periods </h3>

= 30 x 12 months

= 360 months

<h3>Monthly Payment </h3>

This is an annuity as the payment is constant. The loan value will be the present value of the annuity.

<em>Present value of annuity = Annuity x ( 1 - ( 1 + rate) ^ - number of periods) / rate </em>

450,000 = Annuity x ( 1 - ( 1 + 8/12%) ⁻³⁶⁰) / 8/12%

Annuity = 450,000 / 136.283494

= $3,302

In conclusion, monthly payment would be $3,302.

Find out more on loan amounts at brainly.com/question/24576997.

4 0
2 years ago
Ginny currently earns a (real or nominal) wage of $12.00 per hour; in other words, the amount of her paycheck each week is $12.0
rewona [7]

Answer:

Her nominal wage increase by: (12.48/12)-1= 0.04= 4%

Her real wage decreased by: 4% - 7$= -3%

Explanation:

Giving the following information:

Ginny currently earns a (real or nominal) wage of $12.00 per hour. Ginny and her employer both expected inflation to be 4% between 2012 and 2013, so they agreed, in a two-year contract, that she would earn $12.00 per hour in 2012 and $12.48 per hour in 2013. However, suppose inflation between 2012 and 2013 turned out to be 7%, not 4%.

Her nominal wage increase by: (12.48/12)-1= 0.04= 4%

Her real wage decreased by: 4% - 7$= -3%

5 0
2 years ago
In a mixed market economy, what is a typical way the government can reduce unemployment? The government can pay for projects to
Aleonysh [2.5K]

Answer

In a mixed market economy, the typical way the government can reduce unemployment is : The government can pay for projects to create work

Explanation

In a mixed market economy, part of the economy is left to the free market and part of it is managed by the government. In a mixed economy, private enterprise run most businesses and the government later intervene in areas like provision of public services( education, health care and waste control), and in the regulation (legal right to private property). Most modern economies are mixed where the means of production are shared between the private and public sectors.


8 0
3 years ago
Read 2 more answers
Other questions:
  • Google's mission statement is “to organize the world's information and make it universally accessible and useful.” When the CEO,
    6·1 answer
  • Franklin reviews financial data of a company to ensure accurate and complete information. Which job title does he most likely ha
    15·2 answers
  • If your content is focused on the different solutions to your buyer persona's problem, where would that content fit into the buy
    14·1 answer
  • Consumption Ratios Zapato Company produces two types of boots: vaquero and vaquera. There are four activities associated with th
    10·1 answer
  • You own a small boutique that sells scented soaps and lotions as well as handmade jewelry. You are considering moving locations
    10·1 answer
  • The most efficient distribution of pollution abatement is such that the:
    5·1 answer
  • Hartley Psychiatric, Inc., needs to purchase office equipment for its 2,000 drive-in therapy centers nationwide. The total cost
    11·1 answer
  • Miriam if you found this comment
    13·1 answer
  • Critically analyse howexternalnfactors affect entrepreneurship . Support your answer with contemporary examples
    13·1 answer
  • Does requesting a credit limit increase hurt score?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!