As an Additional Consumer Obtains the Benefits of a Public

question 151

Multiple Choice

As an additional consumer obtains the benefits of a public good such as national defence, what happens to the benefits to existing consumers?

• A) They increase in the short run, but decrease in the long run.
• B) They decline.
• C) They do not change.
• D) They increase.

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Definitions:

Reinforcement

In psychology, a stimulus or event that follows a behavior and increases the likelihood of that behavior being repeated.

Social Contacts

The interactions and relationships individuals have with others within their social network, including friendships, family ties, and professional associations.

Psychodynamic Assumptions

Fundamental beliefs in psychodynamic theory, emphasizing unconscious psychological processes and the significance of childhood experiences in shaping personality and behavior.

Driving Force

A motivating or primary factor that propels someone or something forward.