A Public Good Is One for Which

question 113

Multiple Choice

A public good is one for which:

• A) consumers who don't pay for the good can be excluded from its use.
• B) the marginal cost of adding another consumer is zero.
• C) the good is divisable and measurable.
• D) there are no external costs.

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Definitions:

DNA Sequence

The order of nucleotides in a segment of DNA, determining genetic information and characteristics of living organisms.

RNA

Ribonucleic acid, a nucleic acid present in all living cells that plays a critical role in coding, decoding, regulation, and expression of genes.

Frameshift Mutations

Genetic mutations caused by insertions or deletions of a number of nucleotides in a DNA sequence that is not divisible by three, leading to a disruption of the reading frame during protein synthesis.

Base Pairs

Pairs of nucleotides that form the building blocks of the DNA double helix, with adenine pairing with thymine, and cytosine pairing with guanine.