Which of the Following Is a Necessary Characteristic of a Public

question 94

Multiple Choice

Which of the following is a necessary characteristic of a public good? The good is

• A) excludable.
• B) nonrival.
• C) nonexcludable.
• D) Both answers B and C are correct.

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Definitions:

Final Editing

The last phase of the editing process where content is reviewed for errors, coherence, and overall readiness for publication or presentation.

Legal Restrictions

Regulations or limitations imposed by law on certain actions or operations in a business context.

Memorable

Describes something that is easily remembered because of its uniqueness, significance, or emotional impact.

Brand Name

Any word, device (design, sound, shape, or color), or combination of these used to distinguish a seller’s products or services.