Public Goods Differ from Common Resources in That Both Are

question 119

Multiple Choice

Public goods differ from common resources in that both are _____, but public goods are _____, while common resources are _____.

• A) nonrival in consumption; excludable; nonexcludable
• B) excludable; nonrival in consumption; rival in consumption
• C) nonexcludable; are nonrival in consumption; rival in consumption
• D) rival in consumption; nonexcludable; excludable

---

Definitions:

Cognitive

Pertaining to the mental actions or processes of acquiring knowledge and understanding through thought, experience, and the senses.

Learning Theory

A framework that explains how individuals acquire knowledge, skills, attitudes, or behaviors through experience, conditioning, or practice.

Associated

Connected or linked with something else in relation to memory, ideas, or phenomena.

Cognitive Learning

A form of learning that involves the use of mental processes and understanding to acquire knowledge and skills.