Public Goods Are

question 216

Multiple Choice

Public goods are

• A)valuable socially.
• B)not depletable and not excludable.
• C)subject to the "free rider" problem.
• D)All of the above are correct.

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Definitions:

Rationalization

The process of making actions or outcomes seem reasonable or logical, often by creating a plausible explanation.

Efficient Means

Methods or strategies that achieve desired outcomes with the least amount of waste, effort, or expense.

Unintended

Outcomes or effects that were not planned or foreseen.

Rationalization

The process of logically justifying behaviors, decisions, or beliefs, often after the fact, to make them appear reasonable or societally acceptable.