Consider a Good for Which the Number of People Who

question 395

Multiple Choice

Consider a good for which the number of people who benefit from the good is large and the exclusion of any one those people is impossible. In this case, the market for this good will likely

• A)be provided by a private firm rather than the government.
• B)have a free-rider problem.
• C)not exist.
• D)be limited to a small number of units of production.

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Definitions:

Renal Capillaries

Tiny blood vessels in the kidneys where exchange of substances between blood and urine takes place.

Blood Pressure

The pressure of blood against the walls of blood vessels.

Urinary Tract Infections

Infections that occur in any part of the urinary system, such as the bladder or kidneys, typically caused by bacteria.

Perineum

The region of the body between the anus and the genitals, important in various medical and health contexts.