Because General Knowledge Is Not Excludable,which of the Following Results

question 146

Multiple Choice

Because general knowledge is not excludable,which of the following results

• A)The government contributes to its production.
• B)The cost generally outweighs the benefit to society.
• C)Private markets would choose to not supply any general knowledge to society.
• D)General knowledge cannot be supplied to the market by anyone since it is not a product.

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Definitions:

Short-term Memory

A cognitive function that temporarily stores and manages information required for immediate tasks and activities.

Anterograde Amnesia

A condition where a person loses the ability to form new memories after the event that caused the amnesia, leaving the capacity for recalling events prior to the event intact.

Retrograde Amnesia

A type of amnesia where an individual loses pre-existing memories to a certain event, but does not affect new memories.

Retrograde Amnesia

A loss of memory access to events that occurred, or information that was learned, before an injury or the onset of a disease.