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31 Oct 2020

11. To two farmers, a bullock (owned by one of the farmers) grazing in the middle of the farmer’s pasture is

a.nonrival and nonexcludable.

b.nonrival and excludable.

c.rival and nonexcludable.

d.rival and excludable

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Microeconomics

Skill

Understanding the concept of Public Goods

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Raushan RajLv8

31 Oct 2020

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11. To two farmers, a bullock (owned by one of the farmers) grazing in the middle of the farmer’s pasture is

a.nonrival and nonexcludable.

b.nonrival and excludable.

c.rival and nonexcludable.

d.rival and excludable

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Principles of Economics

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11. To two farmers, a bullock (owned by one of the farmers) grazing in the middle of the farmer’s pasture is a.nonrival and nonexcludable. b.nonrival and excludable. c.rival and nonexcludable. d.rival and excludable

Unlock all answers

Related textbook solutions

Principles of Economics

Principles of Macroeconomics

Principles of Microeconomics

Related questions

Weekly leaderboard

11. To two farmers, a bullock (owned by one of the farmers) grazing in the middle of the farmer’s pasture is

a.nonrival and nonexcludable.

b.nonrival and excludable.

c.rival and nonexcludable.

d.rival and excludable