A Good That Is Neither Rival nor Exclusive Is Called

question 124

Multiple Choice

A good that is neither rival nor exclusive is called

• A)a private good
• B)a public good
• C)a quasi-private good
• D)an external good
• E)an open access good

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Definitions:

Metaphorical Process

An approach that uses symbolism or analogy to understand or explain complex ideas and situations.

Unproductive Deliberations

Discussions or debates that do not lead to any positive or constructive outcomes, often consuming valuable time and resources without resolving issues.

Degree

Degree refers to the level or extent of something; in academia, it often denotes the qualification attained at university, college or via academic achievement.

Perceived Strengths

The qualities or attributes believed to be strong or advantageous, whether personally or within an organization.