Which of the Following Statements Is Correct

question 292

Multiple Choice

Which of the following statements is correct?

• A) Common resources are nonexcludable and nonrival in consumption.
• B) Uncongested toll roads are an example of the free rider problem.
• C) When African elephants were privatized, the survival of the species improved.
• D) Fish in the ocean are excludable but nonrival in consumption.

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Definitions:

Olfaction

The sense of smell, a chemical sensing system that allows the detection of volatile substances in the environment.

Gustation

The sense of taste, which is one of the five sensory systems and is initiated by flavor compounds stimulating the taste buds on the tongue.

Chemical Senses

Sense modalities including taste and smell, which involve the detection of chemicals in the environment and play a critical role in the experiences of flavor and scent.

Gestalt Principle

A concept in psychology that proposes the mind integrates patterns and objects into whole forms rather than perceiving the parts separately.