Question
In a certain code language, 'It Shatters My' is coded as
'cvg, tgh, vgn', 'My death Heart' is coded as 'zdf, wxc, cvg', 'It Heart Slow' is coded as 'vgn, wxc, ujk'. What is the coded for 'Slow' in that code language?Solution
I: 'It Shatters My' is coded as 'cvg, tgh, vgn' II: 'My death Heart' is coded as 'zdf, wxc, cvg' III: 'It Heart Slow' is coded as 'vgn, wxc, ujk' From statement I and II, we conclude that 'My' is coded as 'cvg'. From statement I and III, we conclude that 'It' is coded as 'vgn'. From statement II and III, we conclude that 'Heart' is coded as 'wxc'. From statement I, we conclude that 'Shatters' is coded as 'tgh'. From statement II only, we conclude that 'death' is coded as 'zdf'. From statement III only, we conclude that 'Slow' is coded as 'ujk' So, the code for 'Slow' is 'ujk'.
Which of the following statements is/are true about public goods?
I. Rivalrous in consumption
II. Non-excludability
III. Positive marginal cost
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