Which of the Following Is NOT a Characteristic of a Public

question 53

Multiple Choice

Which of the following is NOT a characteristic of a public good?

• A) It requires resources to produce.
• B) It is not diminished or depreciated as additional people consume the good.
• C) Its benefits cannot be withheld from anyone.
• D) It is a free good with zero opportunity cost.

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Definitions:

Domestic Relationships

Interpersonal relationships that are characterized by a significant degree of personal intimacy or commitment, including family relationships and cohabitation.

Binding

The quality of being legally enforceable or imposing duties on the parties involved.

Enforceable Contract

A legal agreement that can be upheld in court, usually because it meets all necessary legal requirements.

Written Contract

A legally binding agreement between two or more parties that is expressed in written form.