Which of the Following Is an Example of a Public

question 91

Multiple Choice

Which of the following is an example of a public good?

• A)an apartment building
• B)a grocery store
• C)a highway
• D)a CD player

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Definitions:

Influence Tactic

involves strategies or actions employed to sway or alter another person's beliefs, attitudes, or behaviors towards a desired outcome.

Bounded Rationality

A concept in decision making that recognizes the limitations of human cognition and information processing, suggesting that individuals are "rationally bounded" to making decisions based on the limited information they have and their finite cognitive capacity.

Cognitive Capacity

The total amount of mental resources available to an individual for carrying out cognitive tasks.

Quandary

A state of perplexity or uncertainty over what to do in a difficult situation.