The Price Charged for Access to an Uncongested,excludable,non-Rivalrous Good Should

question 110

Multiple Choice

The price charged for access to an uncongested,excludable,non-rivalrous good should be ________ because ________.

• A)positive; consumers receive a positive marginal benefit from consuming the good
• B)positive; marginal cost and marginal benefit for this good are both positive
• C)positive; more than one person can consume this good at the same time
• D)zero; it is inefficient to exclude people from consuming this good once it has been supplied
• E)zero; the marginal benefit of the last unit consumed is zero

---

Definitions:

Materials Handing

A field concerning the handling, control, and storage of materials and products throughout manufacturing, warehousing, distribution, consumption, and disposal processes.

Supply Chain

The sequence of processes involved in the production and distribution of a commodity.

Supply Chain Management

The oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

Marketing Channel

Pathways and intermediaries involved in the process of moving a product or service from the producer to the consumer.