Which of the Following Is an Example of a Common

question 187

Multiple Choice

Which of the following is an example of a common resource?

• A)catfish in a private pond in Mississippi
• B)impounded dogs in a dog pound
• C)public health care services in the United States
• D)sea otters in the coastal waters of the Pacific Ocean

---

Definitions:

Military Goods

Products and materials used or consumed by the armed forces, such as weapons, equipment, and uniforms.

Civilian Goods

Products and services that are produced and intended for use by civilians rather than military or defense purposes.

Opportunity Cost

Opportunity cost represents the value of the next best alternative that must be foregone when making a decision, highlighting the trade-off between different choices.

Submarines

Underwater naval vessels capable of extensive underwater operations.