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Match each of the terms below with an example that fits the term. Substitution ? Production of rice Fungibility ? Demand for food and shelter Non-excludability ? Environmental protection Inelasticity ?
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Match each of the terms below with an example that fits the term.

Substitution
?
Production of rice

Fungibility
?
Demand for food and
shelter

Non-excludability
?
Environmental protection
Inelasticity
?
Switching from butter to
margarine

User Abhijit Mazumder
by
4.3k points

2 Answers

10 votes

Answer:

C

Step-by-step explanation:

User Aorlinn
by
4.3k points
10 votes

fungibility- production of rice

inelasticity- demand for food and shelter

non-excludability- environmental protection

substitution- switching from butter to margarine

Step-by-step explanation:

ap3x

User Mark Scheel
by
4.5k points
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