ECONOMICS 301

A(n) __________ good is one that, when consumed by one person, cannot be consumed by another.  non-exclusive  rivalrous  exclusive  non-rivalrous CONCEPT Public Goods, Private Goods, and the “Tragedy of the Commons” 2 When a business owner uses process mapping, an activity is marked by __________.  a diamond  a circle  a box or rectangle  an oval CONCEPT Process Mapping--Efficiency 3 Sarah is a great teacher; however, she struggles with the t...

ECONOMICS 301 TEST BANK FOR CHAPTER 4: UNCERTAINTY