A Good or Resource That Is Both Nonrival and Nonexcludable

question 71

Multiple Choice

A good or resource that is both nonrival and nonexcludable is

• A) a good that is impossible to produce.
• B) a private good.
• C) a common resource.
• D) a public good.
• E) nonexistent because it is impossible for a good or resource to be both nonrival and nonexcludable.

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Definitions:

In Vitro Fertilization

A medical procedure whereby an egg is fertilized by sperm in a lab dish, and the resulting embryo is transferred to the uterus for pregnancy.

Abnormalities

Deviations from the normal or typical function, structure, or behavior, often indicating a medical or psychological condition.

Genetic Counseling

A service that provides information and support to people who have or may be at risk for genetic disorders.

Genetic Disorders

Conditions caused by abnormalities in an individual's DNA, which can result in physical, mental, or metabolic anomalies.