Which of the Following Is Not True for a Public

question 171

Multiple Choice

Which of the following is not true for a public good?

• A)Marginal cost of serving public good to one more person is zero.
• B)Free-rider problem arises in case of public goods.
• C)Exclusion is not possible in most of the public goods.
• D)Public goods include only material commodities.

Recognize the significance of historical cases and acts in shaping labor law and union rights.

Analyze the role and rationale of major labor acts including Wagner Act, Taft-Hartley Act, and Landrum-Griffin Act.

Understand union financial obligations and political engagement laws.

Grasp the principles of mediation and the role of federal mediation services in labor disputes.

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Definitions:

Frederick Jackson Turner

A historian known for his "Frontier Thesis," which argued that the American character was shaped by the experience of expansion into the western frontier.

Benevolent Assimilation

A policy described by President McKinley regarding the Philippines, aiming to assimilate Filipinos into American culture and governance with a supposedly benevolent approach.

Emilio Aguinaldo

A Filipino revolutionary, politician, and military leader who played a significant role in the Philippine struggle for independence from Spain and later against United States colonization.

United Fruit Company

An American corporation that was a major player in the fruit industry, primarily bananas, and had significant influence in Central American countries.