If a Good Is Congestible,then _____

question 29

Multiple Choice

If a good is congestible,then _____.

• A)the optimal sharing group is a the national level
• B)the optimal club size is where marginal reduction in cost per user is minimized
• C)some congestion is optimal
• D)marginal costs are constant for any possible output level

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Definitions:

Skilled Tailor

A craftsman specialized in making, altering, or fitting garments in a professional and adept manner.

Skirt

A garment fastened around the waist and hanging down around the legs, worn typically by women and girls.

Merchandising

The activity of promoting the sale of goods, especially by their presentation in retail outlets.

Opportunity

A set of circumstances that makes it possible to do something or achieve a goal.