Which of the Following Goods Is Best Described as Nonexcludable

question 87

Multiple Choice

Which of the following goods is best described as nonexcludable?

• A) flood-control levees
• B) pay-per-view television
• C) a restaurant meal
• D) a college education
• E) a cow grazing in a pasture

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Definitions:

Free Will

The concept that individuals have the power to make choices and decisions independently, without being predetermined by fate or divine will.

Determinism

The philosophical belief that all events, including human actions, are ultimately determined by causes external to the will.

Cognitive Processes

Mental activities involved in the acquisition, storage, manipulation, and retrieval of knowledge.

Modeling Therapy

A therapeutic technique involving learning through the observation and replication of others.