Which of the Following Is Not a Characteristic of a Public

question 121

Multiple Choice

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

• A) Nonexclusivity
• B) Available to nonbuyers
• C) Nonrivalry in consumption.
• D) Can be consumed only once

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Definitions:

Net Present Value

A financial metric used to evaluate the profitability of an investment, calculated by subtracting the present value of cash outflows from the present value of cash inflows over a period.

Annual Revenue

The total amount of money earned from the sale of goods or services in a fiscal year before any expenses are subtracted.

Annual Expenses

The total amount of money spent or costs incurred by a business or individual in a one-year period.

Capital Budgeting

The process by which an organization evaluates and selects long-term investments that are in line with their goal of wealth maximization.