A Public Good Is

question 9

Multiple Choice

A public good is

• A) a good that is rivalrous and excludable.
• B) a good that is nonrivalrous and nonexcludable.
• C) a good that is nonrivalrous and excludable.
• D) a good that is rivalrous and nonexcludable.

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Definitions:

American Economy

The economic system of the United States, characterized by a mixed economy with both private enterprises and government involvement.

Opportunities for Women

Chances or avenues available for women to advance, grow, or succeed in various fields, emphasizing progress towards gender equality.

Retail Industry

Comprises businesses that sell goods and services directly to the end consumer for personal, non-business use.