General knowledge
10 QUESTIONS
Q1. The following graph is a representation of what?
A) Linear Curve
B) Time Graph
C) Supply & Demand
Q2. An artificially scarce good is excludable but nonrival in consumption.
A) True
B) False
Q3. _______ cost is equal to average total cost at the ________ cost output.
A) Average total, average fixed
B) Marginal, minimum
C) Variable, maximum
