Which of the Following Is a Property of a Public

question 101

Multiple Choice

Which of the following is a property of a public good?

• A) It is established by legislation.
• B) Free riders are excluded.
• C) Users collectively consume benefits.
• D) It is determined by positive economics.

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Definitions:

Nike Swoosh

The iconic logo of Nike, Inc., representing movement and speed, and one of the most recognized brand symbols globally.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, transforming economies from primarily agrarian societies into industrialized nations.

Social Era

Describes the period characterized by the widespread use and influence of social media and networking platforms, impacting communication, business, and society.

Business Ethics

The study and examination of moral and ethical problems that may arise in a business environment.