One Important Feature That Distinguishes a Public Good from a Private

question 17

Multiple Choice

One important feature that distinguishes a public good from a private good is that

• A) only the government can produce public goods.
• B) it is impossible to prevent a person from enjoying the benefits from a public good.
• C) if you pay for a unit of a public good, you are guaranteed to be the sole consumer.
• D) if you consume a unit of a public good, there is one unit less for someone else.
• E) Both answers C and D are correct.

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Definitions:

Physician

A healthcare professional who practices medicine, diagnosing and treating diseases, injuries, and other physical and mental impairments.

Clinical Psychologist

A mental health professional with specialized training in diagnosing and treating mental, emotional, and behavioral disorders.

Experimental Psychologist

A practitioner or researcher who studies psychological phenomena and human behavior through controlled experiments.

Troubled People

Individuals experiencing emotional distress or psychological issues that affect their daily functioning and interactions.