Goods That Are Nonrival and Nonexcludable Are Called

question 84

Multiple Choice

Goods that are nonrival and nonexcludable are called

• A) external goods.
• B) public goods.
• C) private goods.
• D) free goods.

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Definitions:

Global Compact

A United Nations initiative to encourage businesses worldwide to adopt sustainable and socially responsible policies and to report on their implementation.

Non-Profit Organization

An organization dedicated to furthering a particular social cause or advocating for a shared point of view, typically exempt from paying income tax.

Public Relations

The act of engaging in strategic dialogue to build beneficial partnerships between companies and their public constituencies.

Leone Baxter

A pioneering figure in public relations, co-founder of the first political consulting firm in the United States.