Which of the Following Is the Only Type of Good

question 19

Multiple Choice

Which of the following is the only type of good for which there is no market failure, and the government need not intervene to prevent it?

• A) pure private good
• B) pure public good
• C) common pool resource
• D) toll goods

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Definitions:

Physiological Age

A measure of how well or poorly your body is functioning relative to your actual calendar age.

Anterior Hypothalamus

A region in the brain involved in regulating temperature, reproductive behaviors, and the sleep-wake cycle.

Homosexual Men

Males who are romantically or sexually attracted to other males.

Heterosexual Men

Men who are emotionally, romantically, or sexually attracted to women.