To Determine If a Good Is a Common Resource or a Public

question 24

Multiple Choice

To determine if a good is a common resource or a public good, we need to know:

• A)if the good is provided by the government
• B)if my use of the good reduces its availability to you
• C)if the good can be patented
• D)if the good is very expensive to produce

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Definitions:

Systematic

Methodically organized and carried out according to a plan or structured framework.

Chemicals

Substances with a distinct molecular composition that are used or produced in a chemical process.

Inhelder

Swiss developmental psychologist best known for her work on the cognitive development of children, often in collaboration with Jean Piaget.