An FM Radio Signal Is an Example of a Good

question 115

Multiple Choice

An FM radio signal is an example of a good that is

• A) private.
• B) nonrival in consumption.
• C) social.
• D) nonexcludable in production.

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Definitions:

Accounting Firm

A business that provides services related to the processing, measurement, and communication of financial information about economic entities.

Salaries

Payments made to employees for their services, typically expressed as an annual sum and paid at regular intervals.

Mathematics Scores

Numerical outcomes or grades obtained from assessments or tests in the field of mathematics.

High-School

An educational institution for students usually between the ages of 14 and 18, offering secondary education.