Examlex

Solved

Which of the Following Statements About Ethics Is True

question 70

Multiple Choice

Which of the following statements about ethics is true?


Definitions:

Public Good

A good or service offered to every member of a society for free, either by public authorities or by a private organization or person, without seeking profit.

Optimal Area

The most advantageous or efficient region or point for a specific activity or condition.

Public Good

A non-excludable and non-rivalrous good that can be consumed by everyone, such as national defense or public parks.

Nonexclusive

A term usually related to goods or services, indicating that they cannot be withheld from individuals who don't pay for them.

Related Questions