Use the Figure to Answer the Following Question(s)

question 23

Multiple Choice

Use the figure to answer the following question(s) .
Figure 12-1

If one short-run supply curve in Figure 12-1 was for truck drivers and the other was for nuclear physicists (also short-run) , which one would probably be the supply curve for physicists?

• A) Q₂
• B) Q₃
• C) S_b
• D) S_a

---

Definitions:

Nonrival

A characteristic of certain goods where consumption by one individual does not reduce the amount available for consumption by others.

Nonexclusive

A characteristic of a good or service that allows multiple users to use or consume it simultaneously without excluding others.

Public Good

A product or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Public Good

A good that is non-excludable and non-rivalrous, meaning its consumption by one individual does not reduce its availability to others and people cannot be effectively excluded from using it.