Bob Owns 5 Acres of Land

question 422

Multiple Choice

Bob owns 5 acres of land. Bob sells the land to a real estate developer who builds a subdivision with 10 houses. The land is an example of a good that is

• A)both rival in consumption and excludable.
• B)neither rival in consumption nor excludable.
• C)excludable, but not rival in consumption.
• D)rival in consumption, but not excludable.

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Definitions:

Critical Period

A specific time during development when the organism is particularly sensitive to certain stimuli, making it easier for certain skills or behaviors to be acquired.

Sensitive Period

A stage in an organism's development during which it is more responsive to certain stimuli and capable of learning or adapting in particular ways.

Environmental Input

Any information or stimuli that an organism receives from its surroundings, which can affect its behavior and development.

Preconventional Level

A stage in Kohlberg's theory of moral development where moral reasoning is based on external rewards and punishments.