If a Good Is Available Only to Those Who Pay

question 189

Multiple Choice

If a good is available only to those who pay for it, the good is

• A) excludable but not necessarily rival.
• B) excludable and rival.
• C) rival but not necessarily excludable.
• D) nonrival and nonexcludable.

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Definitions:

Ethical Leadership

Leadership that is guided by respecting ethical principles and values, and making decisions that are moral and fair.

Greater Good

Greater Good refers to actions or decisions that benefit the majority or contribute positively to the collective well-being of a community or society.

Self-Absorbed

Excessively preoccupied with one's own thoughts, feelings, and interests, often at the expense of others' needs or feelings.

Opportunistic

Behavior or tendencies characterized by taking immediate advantage of circumstances with little regard for principles or consequences.