A Good That Is Nonrival but Exclusive Is Called

question 106

Multiple Choice

A good that is nonrival but exclusive is called

• A)a private good
• B)a public good
• C)a quasi-private good
• D)an external good
• E)a normal good

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Definitions:

Polarization

In social psychology, the phenomenon where an individual or group's opinions become more extreme from discussing within a like-minded group. In physics, the orientation of electromagnetic waves or the alignment of charges within a material.

Efferent Nerves

Also called motor nerves; nerves that carry information out of the brain and spinal cord to other areas of the body.

Afferent Nerves

Nerves that carry sensory signals from organs and tissues to the brain or spinal cord.

Auditory Nerves

Nerves that carry sound information from the cochlea of the inner ear directly to the brain, essential for hearing.