A Good for Which Exclusion Cannot Be Applied and for Which

question 179

Multiple Choice

A good for which exclusion cannot be applied and for which the marginal cost of another user is zero is a _______ good.

• A) private
• B) free
• C) market
• D) public

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Definitions:

American Colonies

Refers to the thirteen British colonies in North America that declared independence in 1776, leading to the American Revolutionary War and the formation of the United States.

Spain

A country located on the Iberian Peninsula in Europe, known for its rich history, cultural diversity, and significant contributions to art, literature, and global exploration.

Puerto Rico

A Caribbean island and unincorporated U.S. territory with a rich cultural history and diverse heritage.

John Quincy Adams

John Quincy Adams was the 6th President of the United States (1825-1829) known for his strong stance on foreign policy issues, support for the abolition of slavery, and as a formidable diplomat.