When a Good Is Rival and Excludable,it Is a

question 68

Multiple Choice

When a good is rival and excludable,it is a

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

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Definitions:

Many-trait Approach

A method in personality psychology focusing on the relationship between a wide range of personality traits and behaviors or outcomes.

Essential-trait Approach

A theory in psychology that identifies a small number of key personality traits that can describe and predict individual behavior.

Single-trait Approach

A method in personality research focusing on how one characteristic influences a range of behaviors.

Typological Approach

The research strategy that focuses on identifying types of individuals. Each type is characterized by a particular pattern of traits.