Public Goods Differ from Common Resources in That,while Both Are

question 123

Multiple Choice

Public goods differ from common resources in that,while both are _____,public goods are _____,while common resources are _____.

• A)nonrival in consumption;excludable;nonexcludable
• B)excludable;nonrival in consumption;rival in consumption
• C)nonexcludable;nonrival in consumption;rival in consumption
• D)rival in consumption;nonexcludable;excludable

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Definitions:

Common Stock

Equity securities that represent ownership in a company, entitling the shareholder to voting rights and a share of the company's profits in the form of dividends.

Retained Earnings

The portion of net earnings not paid out as dividends but retained by the company to be reinvested in its business or to pay debt.

Market/Book Ratio

A financial metric comparing a company's market value to its book value, indicating how much investors are willing to pay above the net asset value.

Stock Price

The current price at which a particular stock is trading on the stock market.