Multiply or Divide as Indicated

question 301

Multiple Choice

Multiply or divide as indicated.
- (-0.7) (-0.9)

• A) 0.63
• B) 0.063
• C) -0.63
• D) 6.3

---

Definitions:

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they can be used by many individuals simultaneously without diminishing the good's availability to any single user.

Quasi-Public Goods

Goods that are not fully non-excludable or non-rivalrous, falling between pure public goods and private goods, often provided by the government.

Negative Externalities

Unintended adverse effects of a transaction that impact third parties who are not part of the transaction.

Economic Efficiency

A situation in which all available resources are utilized in the most effective way possible, maximizing the production of goods and services without waste.