A Good for Which No Exclusive Property Rights Exist Is

question 88

Multiple Choice

A good for which no exclusive property rights exist is a:

• A) common property resource.
• B) private good.
• C) private resource.
• D) social-private good.

---

Definitions:

Indirect Discrimination

Practices or policies that appear neutral but result in a disproportionate impact on a protected group without a justifiable reason.

Diminishing Marginal Returns

The principle stating that as additional units of a variable resource are added to a fixed resource, the additional output produced by each new unit eventually decreases.

Direct Discrimination

Unfair treatment of individuals based on their specific characteristics, such as race, gender, or age, as directly expressed by actions or policies.

Indirect Discrimination

practices or policies that appear neutral but result in unfair treatment of certain groups without direct intention to discriminate.