A Pure Public Good Is Such That

question 100

Multiple Choice

A pure public good is such that

• A)Rivalry holds but exclusivity does not.
• B)Both rivalry and exclusivity hold.
• C)Exclusivity holds but rivalry does not.
• D)Neither rivalry nor exclusivity hold.

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Definitions:

Incentive

A factor that inspires or prompts a person to act or behave in a specified manner.

Physiological Needs

Fundamental human necessities, such as food, water, shelter, and warmth, that must be satisfied for survival.

Safety

The condition of being protected from or unlikely to cause danger, risk, or injury.

Esteem

The respect, admiration, or high regard that an individual is held in by others or themselves; often relates to one's reputation or standing within a community.