A Public Good Is

question 162

Multiple Choice

A public good is

• A)any good provided by government.
• B)a good that can be most cheaply provided by government, though it may in fact be provided by private enterprise.
• C)a good whose benefits cannot readily be restricted to a small group of people.
• D)a good whose benefits cannot be enjoyed by an individual alone.

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Definitions:

Physical Abilities

The capacity of an individual to perform physical tasks or activities.

Top Management

The highest level of organizational leadership responsible for the overall strategic direction and decision-making.

Nissan-Renault

A strategic alliance between the Japanese automotive manufacturer Nissan and the French company Renault, aimed at leveraging each other's strengths in the global market.

Carlos Ghosn

A prominent business executive known for his leadership roles at Nissan and Renault, where he significantly turned around the companies' fortunes.