Stephanie Stops at a Gas Station to Fill Up the Tank

question 131

Multiple Choice

Stephanie stops at a gas station to fill up the tank of her car.The gallons of unleaded gasoline in her tank are best described as:

• A)private goods.
• B)public goods.
• C)artificially scarce goods.
• D)common resources.

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Definitions:

Canadian Medical Association

A national, voluntary association of physicians that advocates on behalf of its members and the public for access to high-quality health care, and provides leadership and guidance to physicians.

Multinational Corporation

A large company that operates and provides goods or services in multiple countries beyond its original country of establishment, often exercising significant economic and political influence globally.

Branch Plant

A factory or office operated in a country by a foreign company, often perceived as a subordinate extension of its parent company.

Collateral Labour Markets

Secondary or peripheral segments of the labour market characterized by lower job security, lower wages, and less formal employment structures.