Public Goods Are Distinguished by Two Primary Characteristics

question 37

Multiple Choice

Public goods are distinguished by two primary characteristics.What are they?

• A)Non-rivalry and non-excludability
• B)Government intervention and low prices
• C)Market failure and high prices
• D)Rivalry and exclusivity

---

Definitions:

Social Constructionism

A theory that posits knowledge and many aspects of the world around us are not inherently part of reality but are instead constructed by society.

Transsexuality

A condition in which an individual identifies with a gender different from the one assigned at birth, sometimes seeking to transition through medical interventions.

Intersex

Used to describe a person whose chromosomes or sex characteristics are neither exclusively male nor exclusively female.

Surgical "Fix"

A term often used to describe a medical surgery seen as a solution to correct or treat a perceived problem or condition.