If It Is Impossible or Very Costly to Exclude Nonpaying

question 47

Multiple Choice

If it is impossible or very costly to exclude nonpaying customers from receiving a good, the good is considered to be

• A) freeware.
• B) nonexcludable.
• C) a common good.
• D) a receiving good.

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Definitions:

Scientific Management

A theory of management that analyzes and synthesizes workflows, aiming to improve economic efficiency, especially labor productivity.

Equal Division

The act of distributing resources, responsibilities, or opportunities among parties in a manner that does not favor one over the others.

Planning Labor

The act of organizing and allocating workforce resources in anticipation of future work and projects.

Weber's Perspective

A theoretical viewpoint based on the work of sociologist Max Weber, emphasizing the role of bureaucracy, rationalization, and the social aspects of economic action in society.