Fish in the Ocean Are an Example of ________ Because

question 46

Multiple Choice

Fish in the ocean are an example of ________ because they are ________.

• A) public good; nonexcludable and nonrival
• B) public good; rival and excludable
• C) common resource; rival and nonexcludable
• D) common resource; nonrival and nonexcludable
• E) private good; caught by private fishermen

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Definitions:

Union

An organization formed by workers in various trades or professions to protect and advance their rights and interests.

Picket Line

A boundary established by workers on strike, especially at the entrance to the place of work, meant to demonstrate grievance against the employer or to deter others from entering the site.

Negotiations

The process by which parties discuss and arrive at a mutual agreement on matters of common interest.

Union Leader

An individual who represents and defends the interests of a group of workers, helping to negotiate terms of employment such as wages and working conditions with employers.