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lakkis [162]
3 years ago
12

For each of the goods, classify them according to whether they are rivalrous, nonrivalrous, excludable, or nonexcludable. Rivalr

ous is also referred to as rival in consumption.A sports team t-shirtrivalrous and excludablenonrivalrous and nonexcludablenonrivalrous and excludablerivalrous and nonexcludableThe air we breathenonrivalrous and nonexcludablenonrivalrous and excludablerivalrous and excludablerivalrous and nonexcludableAtlantic bluefin tuna in the Mediterranean Searivalrous and nonexcludablerivalrous and excludablenonrivalrous and excludablenonrivalrous and nonexcludableA toll road in normal trafficnonrivalrous and excludablenonrivalrous and nonexcludablerivalrous and excludable
Business
1 answer:
Jobisdone [24]3 years ago
7 0

Answer:

1. Sports Team Shirt - Excludable / Rivalrous

2. Air we breathe - Non - Excludable / Non - Rivalrous

3. Atlantic Bluefin Tuna - Non -Excludable / Rivalrous

4. A Toll Road - Excludable / Non - Rivalrous

Explanation:

A rivalrous good is one in which usage, by an individual limits the ability of another to use the same good. Rival goods are tangible. This means that they can be held or touched. Examples in this category are; A sports team shirt and, the Atlantic Blue Fin Tuna. Eating a Tuna would limit access to another person, who wants to eat Tuna at that point in time. The same would apply to wearing a sports shirt.

A Non - Rivalrous good is one in which usage by an individual does not limit consumption by another. Most non - tangible goods are non -

rivalrous. Examples in this category are; the air we breathe, and the Toll Road. Almost anyone can access these.

Excludable goods are only used after payment for them has been made. Examples are the Toll Road and the Sports Team Shirt.

Non - Excludable goods can be used even when payment has not been made. Examples are Air and The Atlantic Blue Fin Tuna which anyone can access.

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I bonds earn interest for 30 years unless you cash them first. You can cash them after one year.

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3 0
1 year ago
"a pedestrian initiated a tort action in state a federal court against a driver for personal injuries he sustained from a collis
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No, because Rule 8 applies, it is valid and constitutional, and it permits leaders to plead whatever relief they seek without the court's permission.

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6 0
1 year ago
Identify the correct sentence.
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8 0
3 years ago
The Appleton entity established a $200 Petty Cash fund on June 1, 200X. On June 30, 200X the fund had $45 in cash and the follow
Rashid [163]

Answer:

A. DR Petty Cash 200; CR Cash 200

Explanation:

We are asked for the entry on June 1st to stablish the petty cash fund.

The data on June 30th is irrelevant for this question.

We will only work with the information of june 1st

The ptty cash, will be an asset account. To crease an asset account we will debit it.

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4 0
3 years ago
May, Inc. had the following transactions in 2019, its first year of operations: Issued 22,000 shares of common stock. The stock
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Answer:

The amount of paid-in capital        $

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Preferred stocks (1,800 x $120)     216,000

Amount of paid-in capital               260,000

The correct answer is C

Explanation:

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