The second aspect of public goods is what economists call “nonrivalrous consumption.” ... If the good is excludable, private entrepreneurs will try to serve as many fee-paying customers as possible, charging lower prices to some customers if need be. One of the best examples of a public good is national defense.
Answer:
The answer is B. Ronald Reagan was the U.S. President who ended the Iran Hostage Crisis and the Cold War.
Explanation:
The U.S. President who took on Khrushchev during the Cuban Missile Crisis was John F. Kennedy.
The U.S. President who ordered the atomic attack of Hiroshima and Nagasaki was Harry S. Truman.
Answer:
The Aztecs would often bury their dead under their houses. The Aztecs were known to sell their children, or themselves, as slaves to pay off their debts. Aztec slaves could buy their freedom, so it was more like indentured servitude as opposed to the slavery that was rampant in the United States.
Explanation:
1. C
2. D
3. A
4. A
5. C
6. C
7. C
