A Good That Is Available for Everyone to Consume, Regardless

question 158

Multiple Choice

A good that is available for everyone to consume, regardless of who pays and who doesn't, is called a

• A) private good.
• B) external good.
• C) public good.
• D) spillover good.

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Definitions:

Seasonal Workforce

Employees hired on a temporary basis to meet production or service demands during peak seasons.

Flexible Work Hours

An employment schedule that allows workers to vary their arrival and departure times, and possibly choose their working hours, offering adaptability to personal needs and demands.

Time Flexibility

The ability to adapt schedules or timelines to accommodate changes or unexpected demands in processes or operations.

Renal Capsule

A tough fibrous layer surrounding the kidney and providing it with structural support and protection.