What Are the Two Features of a Public Good

question 15

Multiple Choice

What are the two features of a public good?

• A) nonrival and excludable
• B) nonrival and nonexcludable
• C) rival and excludable
• D) rival and nonexcludable

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Definitions:

Alphabet

A set of written symbols or characters representing the basic sounds of a language, used in the systematic organization of writing.

Intuitive Thought

A cognitive process that involves making judgments and solving problems without the explicit use of analytical rationale.

Symbolic Function

A cognitive ability to represent objects, people, and events with symbols or images, characteristic of early childhood development.

Sensorimotor

A stage in Piaget’s theory of cognitive development (from birth to about age 2) where infants learn about the world through their movements and sensory experiences.