Public Goods Represent ________ Because by Their Very Nature They

question 240

Multiple Choice

Public goods represent ________ because by their very nature they are nonexcludable and nonrival which makes it difficult for the private sector to supply them profitably.

• A) a positive externality
• B) a negative externality
• C) a market failure
• D) efficient production

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Definitions:

Monomer Units

Individual, small molecules that can bind chemically to other monomers to form polymers through repeated sequences.

Repeating Segment

A consistent sequence of atoms or groups within a polymer that repeats along its chain.

Nylon 6,6

A type of polyamide made by polymerizing hexamethylene diamine and adipic acid, known for its strong, elastic, and resistant properties, used in textiles and engineering plastics.

Monomers

Simple molecules that can undergo polymerization to form more complex molecules called polymers, serving as the building blocks for a variety of macromolecules.