Which of the Following Goods Is Both Excludable and Rival

question 289

Multiple Choice

Which of the following goods is both excludable and rival in consumption?

• A)a wristwatch
• B)fire protection in a small town
• C)fish in the ocean
• D)efforts to fight poverty

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Definitions:

Conflict Theory

A sociological perspective that views social life as a competition and focuses on the distribution of resources, power, and inequality.

Privileged Class

involves a social class that enjoys privileges or advantages in society, often due to wealth, position, or birthright, separate from the broader populace.

Canadian Population

The total number of people residing in Canada, reflecting diverse origins, cultures, languages, and religions.

High School Education

An educational level that follows primary education and precedes tertiary education, typically offering academic, vocational, and social skills development for adolescents.