Write True or False to the Statements Below

question 135

True/False

Write True or False to the statements below.If the statement is false, rewrite the underlined word or phrase to make the statement true.
-The natural process of the Earth's atmosphere heating through the trapping of reradiated infrared radiation is known as climate change.

---

Definitions:

Excludable

A characteristic of a good or service that allows owners or producers to prevent its use by people who have not paid for it.

Nonpayers

Individuals who benefit from a good or service without contributing to its cost, often associated with public goods.

Nonrival in Consumption

A characteristic of some goods or services where one person's consumption does not reduce availability for others.

Marginal Cost

The additional cost incurred by producing one more unit of a product or service, a key concept used in decision-making and pricing strategies.