Examlex

Solved

Sean and Rita Are Arguing Over How Little Sean Has

question 25

Multiple Choice

Sean and Rita are arguing over how little Sean has helped with housework and child care since Rita went back to work.To not make Sean feel bad,Rita says apologetically that she will continue to do most of the housework without complaining.Their style of conflict is:


Definitions:

Public Goods

Goods or services that are non-excludable and non-rivalrous, meaning they are freely available to all and used by one person does not reduce availability to others.

Positive Externality

A benefit received by a third party resulting from an economic transaction in which they were not involved.

Public Good

An offering of goods or services to society's members at no cost, supplied by the government or private parties, aiming not to generate profit.

Private Good

A product or service that is excludable and rivalrous, meaning its consumption by one individual prevents its consumption by another.

Related Questions