What Are the Two Primary Characteristics That Distinguish Public Goods

question 190

Multiple Choice

What are the two primary characteristics that distinguish public goods?

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

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Definitions:

Big Five

A model describing human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Traits

Enduring characteristics that describe an individual's behavior.

Personality

The profile of characteristics making a person unique from others.

Characteristics

Distinguishing traits, qualities, or attributes that define or identify a person, object, or concept.