Give an example of a good or commodity that is intangible and explain why it is so. -Who are the unemployed in terms of economics? Give an example and explain why. -Give an example of a business that falls under the category of a perfect oligopoly and explain why.

Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Costs And The Supply Of Goods
Section: Chapter Questions
Problem 6CQ
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-Give an example of a good or commodity that is intangible and explain why it is so.

-Who are the unemployed in terms of economics? Give an example and explain why.

-Give an example of a business that falls under the category of a perfect oligopoly and explain why.

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