College students living off-campus frequently consume large amounts of ramen noo

Question

College students living off-campus frequently consume large amounts of ramen noodles and boxed macaroni and cheese. When they finish school and start careers, their consumption of both goods frequently declines. This suggests that ramen noodles and boxed macaroni and cheese are: A firm's supply curve is upsloping because: The trains of the Transcontinental Railway Company, when shipping goods, sometimes emit sparks that start fires along the tracks and damage the property of others. If Transcontinental does not pay for the damage it causes, what has occurred? Producer surplus: The two main characteristics of a public good are:

Explanation / Answer

12 Substitute goods

13 beyond some point the production cost of aditional units of output rise

14 supply side market failure

15 C

16 Non rivalry and non excludability

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