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When Did Something Occur and How It Occurred Are Questions

question 104

Multiple Choice

When did something occur and how it occurred are questions associated with which step of the decision making process?


Definitions:

Benefit

An advantage or profit gained from something.

Excludable

A characteristic of a good or service that allows its owner to prevent others from using it without paying for it.

Free Rider

A person who receives the benefit of a good but avoids paying for it

Free-Rider

An individual who benefits from resources, goods, or services without paying for the cost of the benefit.

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