Which Term Describes a Good That May Be Enjoyed by Anyone

question 53

Multiple Choice

Which term describes a good that may be enjoyed by anyone after it is provided and may not be denied to anyone after it is provided?

• A)public liability
• B)public good
• C)externality
• D)solid good

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Definitions:

Outputs

The results or products generated from operational or production processes.

Routing

The process of determining the path data packets travel across a network, or the method of deciding how to move materials within a manufacturing process.

Dispatching

Allocating resources and beginning the steps to produce a product.

Manufacturing Operations

The activities involved in the production of goods in a factory, including the machinery, personnel, and processes used.