A Nonexcludable Public Good Is

question 79

Multiple Choice

A nonexcludable public good is

• A)nonrivalrous in consumption.
• B)rivalrous in consumption.
• C)asymmetric.
• D)a good for which it is impossible (or prohibitively costly) to exclude someone from receiving the benefits of its services.
• E)a and d

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Definitions:

Formal Hearing Process

A structured legal procedure involving the presentation of evidence and legal arguments before a judicial authority to resolve a dispute.

Administrative Agencies

Governmental bodies with the authority to implement and administer particular legislation, often with rule-making and adjudicative functions.

Federal Level

pertains to governmental authority and activities that are conducted at the national level, as opposed to state or local levels.

Interpretive Rules

Regulations issued by administrative agencies to clarify the meaning of existing laws or procedures.