What Are the Two Distinguishing Characteristics of a Public Good

question 23

Multiple Choice

What are the two distinguishing characteristics of a public good?

• A) nonrivalry in consumption and nonexcludability
• B) indivisibility in production and excludability of nonpaying customers
• C) provision by government and funding through taxation
• D) mass production and comparative advantage

---

Definitions:

Headhunters

Professionals or agencies specialized in recruiting high-level employees by targeting suitable candidates rather than waiting for them to apply.

International HR Managers

Professionals responsible for managing and overseeing human resource functions in organizations that operate across international borders.

Hourly Wage

Payment to an employee based on the number of hours worked, typically quoted per hour.

Dimensions Of National Culture

Concepts that describe the effects of a society's culture on the values of its members, and how these values relate to behavior.