Which of the Following Displays These Two Characteristics: Nonrivalry and Excludability

question 98

Multiple Choice

Which of the following displays these two characteristics: nonrivalry and excludability?

• A)public goods
• B)private goods
• C)quasi-public goods
• D)common resources

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Definitions:

Society

A structured community of people bound together by similar traditions, institutions, or nationality.

Waste Of Resources

The inefficient or ineffective use of materials, energy, effort, money, or time in achieving a goal or outcome.

Zero-Inflation Policies

Economic policies aimed at achieving a very low and stable rate of inflation, often through tight control of the money supply and interest rates.

Proponents

Individuals or groups who support or advocate for a particular idea, proposal, or course of action.