Which of the Following Displays These Two Characteristics: Non-Rivalry and Non-Excludability

question 43

Multiple Choice

Which of the following displays these two characteristics: non-rivalry and non-excludability in consumption?

• A)Public goods
• B)Private goods
• C)Quasi-public goods
• D)Common resources

---

Definitions:

Effective Date

The date on which something, such as a law, agreement, or policy, becomes officially operational or enforceable.

Corporate Insurance

A type of insurance coverage designed to protect corporations from financial losses due to events such as property damage, liability claims, and employee-related risks.

Liability Insurance

Insurance protection that offers defense against claims related to harm or damage inflicted on other individuals or their property.

Property Damage

Harm or destruction that affects the value or usability of someone's property.