Solve the Inequality $x \geq 5 \text { or } x \geq - 1$

question 5

Multiple Choice

Solve the inequality. Write the answer in interval notation.
- $x \geq 5 \text { or } x \geq - 1$

• A) \([ 5 , \infty )\)
• B) \(( - \infty , \infty )\)
• C) \(( - \infty , - 1 ] \cup [ 5 , \infty )\)
• D) \([ - 1 , \infty )\)

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Definitions:

Free-Rider Problem

A situation where some individuals consume more than their fair share of a public resource, or do not pay for their share, leading to underproduction or depletion of the resource.

Drop-In-The-Bucket Problem

A problem intrinsic to public goods: The good or service is usually so costly that its provision generally does not depend on whether any single person pays.

Public Goods

Goods or services that are non-excludable and non-rivalrous, meaning they are freely available to all and used by one person does not reduce availability to others.

Positive Externality

A benefit received by a third party resulting from an economic transaction in which they were not involved.