A Criterion by Which Public Goods Are Distinguished from Private

question 58

Multiple Choice

A criterion by which public goods are distinguished from private goods:

• A)exclusion principle
• B)externality principle
• C)public choice principle
• D)none of the above

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Definitions:

Proceeds

The total amount of money received from a transaction or event, often after costs or other deductions are accounted for.

Commission Charges

Fees charged by brokers or agents for their services in facilitating transactions, often calculated as a percentage of the transaction value.

Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits.

Rate of Yield

The return on an investment over a period of time, expressed as a percentage of the original investment.