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

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Definitions:

Assembly

In computing, a low-level programming language that is closely related to the machine code specific to computer architecture.

Packing

The process of arranging and securing products for shipping, storage, or sale, ensuring their protection and efficient handling.

Downstream Activity

Refers to the later stages in the supply chain, typically involving the distribution, sale, and customer service aspects of a business.

FedEx

A multinational delivery services company known for its overnight shipping service and pioneering a system that could track packages and provide real-time updates on package location.