Many Individuals Refer to Education as a Public Good

question 215

Multiple Choice

Many individuals refer to education as a public good. How is education NOT a public good?

• A) Its acquisition is rival.
• B) Its acquisition is excludable.
• C) Its acquisition is both rival and excludable.
• D) Its acquisition is usually rival and rarely excludable.

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Definitions:

No Deviation

A principle in strategies or plans that emphasizes adherence to set plans without alterations.

Actual Performance

Refers to the real, observed outcomes or results achieved by an individual, team, or organization, as opposed to projected or expected performance.

Equal To Standard

Equal to standard implies that a process, product, or performance measures up to established benchmarks or criteria of quality and efficiency.

Planning

The process of setting objectives and determining how to accomplish them.