A Good or Service That Is Rival but Is to Some

question 73

Multiple Choice

A good or service that is rival but is to some extent nonexcludable is called a _____,and a good or service that is nonrival but is excludable is referred to as a _______

• A)public good;private good.
• B)commons good;public good.
• C)commons good;collective good.
• D)public good;collective good.

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Definitions:

Pregnancy

The condition or period of being pregnant, where an embryo or fetus develops in a woman's uterus.

Excretory Portion

involves the part of an organ system responsible for the elimination of wastes from the body.

Oxytocin

A hormone produced in the hypothalamus and secreted by the pituitary gland, involved in childbirth, lactation, and social bonding.

Pituitary

A small, pea-sized gland located at the base of the brain, critical for regulating vital bodily functions and hormone secretion.