Unlike a Private Good, a Public Good

question 210

Multiple Choice

Unlike a private good, a public good

• A) has no opportunity costs.
• B) has benefits available to all, including nonpayers.
• C) produces no positive or negative externalities.
• D) is characterized by rivalry and excludability.

---

Definitions:

Folate

A B-vitamin essential for red blood cell formation and for healthy cell growth and function.

Vitamin E

A group of eight fat-soluble compounds that include tocopherols and tocotrienols, which act as antioxidants protecting cells from damage.

Rugae

Folds or wrinkles found in the stomach lining that allow for expansion as the stomach fills.

Stomach

A muscular organ in the gastrointestinal tract of humans and many animals, responsible for digesting food by secreting acid and enzymes.