For a Good to Be Efficiently Provided by the Private

question 143

Multiple Choice

For a good to be efficiently provided by the private market,it must be:

• A)rival in consumption and nonexcludable.
• B)nonrival in consumption and excludable.
• C)a common resource.
• D)rival in consumption and excludable.

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Definitions:

Subjective Feelings

Personal emotional experiences or sensations that are perceived by an individual, differing from objective measurements.

Autonomic Arousal

Involuntary physical responses of the autonomic nervous system to stimuli, including heart rate, breathing rate, and perspiration, typically associated with emotions like fear or excitement.

Primary Emotions

Basic emotions that are universally recognized and experienced by all humans, such as happiness, sadness, fear, and anger.

Evolutionary Theorists

Researchers or scholars who study the evolutionary processes that have shaped human behavior, traits, and societies over time.