A Good That Is Nonrival and Excludable Is a

question 32

Multiple Choice

A good that is nonrival and excludable is a

• A)private good.
• B)public good.
• C)government good.
• D)natural monopoly.
• E)common resource.

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Definitions:

Departments

Units or divisions within an organization, each handling specific tasks or functions.

Qualified Individuals

Persons who possess the necessary skills, experience, and credentials to perform a specific job or task.

Information Systems

Comprise the study and use of systems for storing, retrieving, and sending information, and often focus on computer technology within an organizational context.

High-Performance Work System

An approach to organizational management that aims to improve employee performance and organizational outcomes through a variety of practices and policies.