The Two Main Characteristics of a Public Good Are

question 176

Multiple Choice

The two main characteristics of a public good are

• A) production at constant marginal cost and rising demand.
• B) nonexcludability and production at rising marginal cost.
• C) nonrivalry and nonexcludability.
• D) nonrivalry and large negative externalities.

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Definitions:

Kinesthetic Sensation

The sense that detects bodily position, weight, or movement of the muscles, tendons, and joints.

Clock Face

A visual representation of time using a circular dial with numbered hours.

Sensory Deprivation

Insufficient sensory stimulation for a person to function.

Uninterrupted Rest

A period of rest or sleep that is not disturbed, important for physical and mental recovery and health.