A Good Example of a Product That Is Both Nonexcludable

question 22

Multiple Choice

A good example of a product that is both nonexcludable and nonrivalrous is

• A)grazing land.
• B)public information.
• C)electricity.
• D)food.
• E)natural gas.

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Definitions:

Fate

The development of events beyond a person's control, regarded as predetermined by a supernatural power.

Stress

A physical, mental, or emotional factor that causes bodily or mental tension and may be a factor in disease causation.

Crowded

Characterized by a high density of people or objects in a particular area, often leading to a sense of limited space.

Type A Personality

A behavior pattern characterized by competitiveness, urgency, aggression, and a constant struggle to achieve more in less time.