Food Is an Example of a _______ Good

question 50

Multiple Choice

Food is an example of a _______ good.

• A) rival and nonexcludable
• B) rival and excludable
• C) nonrival and excludable
• D) nonrival and nonexcludable

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Definitions:

Similar Interests

The phenomenon where individuals are drawn to others who have hobbies, desires, or activities in common, which often serves as a basis for forming friendships or partnerships.

Romeo-and-Juliet Effect

The phenomenon where parental opposition to a relationship intensifies the romantic attraction between the partners.

Companionate Love

An emotional state characterized by affection for those whose lives are deeply intertwined with one’s own.

Companionate Love

A type of love defined by emotional intimacy and a deep bond, often found in long-term relationships and friendships, as opposed to passionate love.