Which of the Following Is a Characteristic of a Private

question 96

Multiple Choice

Which of the following is a characteristic of a private good:

• A)free-rider problem
• B)external benefits
• C)external costs
• D)excludability

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Definitions:

High-performance Outcomes

Achieving results that significantly exceed the standard or expected levels of performance.

High Levels

Referring to a significant degree or intensity of a particular characteristic, state, or condition.

Quality of Work Life

The degree to which employees enjoy their job environments, including their relationships with colleagues, work conditions, and work-life balance.

Chief Operating Officer

A senior executive responsible for managing the day-to-day administrative and operational functions of a company, often second in command to the Chief Executive Officer (CEO).