A Public Good

question 240

Multiple Choice

A public good

• A) is a good that is usually consumed in public, such as a restaurant meal.
• B) is a good people can consume even if they do not pay for it.
• C) is a good produced by government.
• D) results in an efficient allocation of resources.
• E) is a good for which people are willing to pay a very high price.

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Definitions:

Dissolved Ozone

Ozone that is dissolved in water, used as a disinfectant for treating drinking water or in swimming pools to kill bacteria and other microorganisms.

Aquatic Ecosystems

Water-based environments, including oceans, rivers, lakes, and wetlands, where plants and animals interact within a hydrological system.

Limiting Factor

An environmental condition that limits the growth, abundance, or distribution of an organism or a population of organisms in an ecosystem.

Ecological Region

A geographically distinct area with characteristic flora, fauna, and environmental conditions, often defined by natural boundaries.