Both Public Goods and Common Resources Are

question 176

Multiple Choice

Both public goods and common resources are

• A)rival in consumption.
• B)nonrival in consumption.
• C)excludable.
• D)nonexcludable.

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Definitions:

Existentialism

The approach to philosophy that focuses on conscious experience (phenomenology), free will, the meaning of life, and other basic questions of existence.

Sartre

Jean-Paul Sartre, a French existentialist philosopher, playwright, and novelist known for his exploration of freedom, existentialism, and the human condition.

Nietzsche

A German philosopher known for his exploration of individual morality, the will to power, and the critique of religion.

Optimistic View

A tendency to look on the more favorable side of events or conditions and to expect the most favorable outcome.