Actions That People Are Allowed to Take on a Resource

question 143

Multiple Choice

Actions that people are allowed to take on a resource comes under the heading of ________.

• A)hacks
• B)permissions
• C)exploits
• D)risks

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Definitions:

Market Forces

The economic factors affecting the price, demand, and availability of goods and services in a free market, primarily driven by supply and demand.

Free of Charge

A situation or service where no payment is required to obtain a good or service.

Rival

In economics, a rival good is one whose consumption by one person reduces its availability for another person.

Non-Excludable

A characteristic of a good or service that prevents individuals from being effectively excluded from using it.