Which of the Following Displays These Two Characteristics: Nonrivalry and Nonexcludability

question 97

Multiple Choice

Which of the following displays these two characteristics: nonrivalry and nonexcludability in consumption?

• A)public goods
• B)private goods
• C)quasi-public goods
• D)common resources

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Definitions:

Online Trading Community

A digital platform where individuals and businesses can buy and sell goods and services, share information, and collaborate.

Online Marketplace

A digital platform where buyers and sellers can transact for goods and services, often facilitating a wide variety of products from different suppliers.

Core Principles

Fundamental beliefs or guidelines that serve as the foundation for a system, organization, or process.

Strategic Sourcing Process

A methodical approach by organizations to plan for and acquire necessary supplies and services in an effective and efficient manner.