Which of the Following Is an Example of a Public

question 57

Multiple Choice

Which of the following is an example of a public good?

• A)An aquaculture oyster farm
• B)A movie theater
• C)The ozone layer protecting humans from ultraviolet radiation
• D)The level of pollution from a pulp mill in Uruguay that affects Argentina

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Definitions:

Price

The overall sacrifice a consumer is willing to make—money, time, energy—to acquire a specific product or service.

Geodemographic Segmentation

The grouping of consumers on the basis of a combination of geographic, demographic, and lifestyle characteristics.

Ethnic Food Aisle

A section within grocery stores dedicated to foods and ingredients associated with various ethnic or cultural cuisines.

Suburban

Pertaining to or characteristic of areas on the outskirts of a city, often residential in nature and less densely populated than urban centers.