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Match Each Statement with an Item Below.

question 19

Multiple Choice

Match each statement with an item below.
-Are the responsibility of the first-line supervisor,who reports this information to his or her manager,who then aggregates the totals for reporting up the corporate chain of command.


Definitions:

Private Firms

Businesses that are privately owned, not traded publicly on stock exchanges, and typically managed by the owner or shareholders.

Public Good

Without profit motive, a product or service is made available to all societal members, courtesy of either governmental or private benefactors.

Nonrivalry

A characteristic of a good or service whereby its consumption by one individual does not reduce its availability for consumption by others.

Nonexcludability

The inability to keep nonpayers (free riders) from obtaining benefits from a certain good; a characteristic of a public good.

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