Apublic good
multiple choice
a. cannot be provided to one person without making it available to others as well.
b. generally results in substantial negative externalities.
c. costs essentially nothing to produce and is thus provided by the government at a zero price.
d. can never be provided by a nongovernmental organization.

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:

Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.