The Market Works Efficiently in the Absence of Externalities If

question 39

Multiple Choice

The market works efficiently in the absence of externalities if the good is

• A) rival and excludable.
• B) nonrival and nonexcludable.
• C) rival and nonexcludable.
• D) nonrival and excludable.
• E) rival and either excludable or nonexcludable.

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Definitions:

Culturally Appropriate

Refers to behaviors, practices, or interventions that are in harmony with the cultural beliefs, practices, and needs of individuals or communities.

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A deeply-felt association between individuals that is characterized by affection, trust, mutual respect, and commitment.

Feminist Sociologist

A sociologist who analyzes society from the perspective of gender inequalities, focusing on the experiences and perspectives of women.

Cultural Scripts

Shared, learned behavioral patterns and expectations that are culturally specific, guiding individuals' actions and interactions within a society.