Education at a Private University Is NOT a Pure Public

question 127

Multiple Choice

Education at a private university is NOT a pure public good because it is

• A) nonrival.
• B) excludable.
• C) both nonrival and nonexcludable.
• D) None of the above answers is correct.

---

Definitions:

Second Stage

A subsequent phase or level in a process or series of developments.

Division of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency and productivity.

Marriage Contract

A legal document that outlines the rights and obligations of each partner entering into marriage.

Economic Division

The separation of economic activities, resources, or groups within a society or economy, often leading to disparities in wealth and opportunity.