Which of the Following Is the Best Example of a Public

question 5

Multiple Choice

Which of the following is the best example of a public good?

• A) long distance telephone service
• B) national defense
• C) an amusement park
• D) the electric service of a public utility

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Definitions:

Organizational Effectiveness

Organizational effectiveness is the extent to which an organization achieves its goals and meets the needs of its stakeholders through efficient use of resources.

Self-Serving Bias

The common tendency to attribute one's successes to personal characteristics and failures to external factors.

Fundamental Attribution Error

is the tendency to overemphasize personal characteristics and ignore situational factors when judging others' behavior.

Self-Fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true, due to positive feedback between belief and behavior.