A Good That Is Rival in Consumption and Not Excludable

question 275

Multiple Choice

A good that is rival in consumption and not excludable is called a

• A)public good.
• B)common resource.
• C)club good.
• D)private good.

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Definitions:

Job Interviews

A formal meeting between an employer and a job applicant to assess the suitability of the applicant for a specific position.

Application Process

The series of steps or procedures required to formally request or apply for something, such as a job, educational program, or loan.

Direct-Hire

Refers to the process whereby an employer recruits and hires an individual directly, without the intermediation of staffing agencies or recruiters.

Long-Term Employment

Employment characterized by a prolonged duration, typically involving a stable job position with the same employer over many years.