Which of the Following Is Not a Characteristic of a Public

question 101

Multiple Choice

Which of the following is not a characteristic of a public good?

• A)It is not excludable.
• B)It is not diminished or depreciated as additional people consume the good.
• C)Its benefits cannot be withheld from anyone.
• D)Because it is a free good, there is no opportunity cost.

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Definitions:

Net Income

The amount of earnings remaining after all expenses and taxes have been subtracted from total revenue.

Return Ratio

Financial metrics used to evaluate the efficiency or profitability of an investment relative to its cost.

Earnings Per Share

A financial metric that measures the profitability of a company on a per-share basis, calculated by dividing the company's net income by the number of outstanding shares.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue, often referred to as the bottom line.