What Characteristics Do Public Goods and Common Resources Have in Common

question 136

Multiple Choice

What characteristics do public goods and common resources have in common

• A)Both goods are nonexcludable.
• B)Both goods are excludable.
• C)Both goods are rival in consumption.
• D)Both goods are nonrival in consumption.

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Definitions:

Code of Ethics

A set of principles and guidelines designed to help professionals conduct business honestly and with integrity.

Ethical Dilemma

A situation in which a difficult choice has to be made between two or more morally acceptable or unacceptable alternatives.

Stealth Marketing

A marketing strategy that advertises a product to people without them realizing they are being marketed to.

Ethical Lapse

A clearly unethical choice.