Both Public Goods and Common Resources Are

question 20

Multiple Choice

Both public goods and common resources are:

• A) rival in consumption.
• B) nonexcludable.
• C) excludable.
• D) nonrival in consumption.

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Definitions:

Interpersonal Relations

Mutual interactions and connections between individuals, often associated with personal or professional relationships.

Communication

The giving and receiving of information; the basis of constructive relationships; the essential requirement for both a humanistic and productive workplace. Types of communication ranked in order of importance to employees include immediate supervisor, small group meetings, information from top executives, policy handbooks, orientation programs, and member newsletters.

Creativity

The ability to generate new and original ideas, solutions, or products.

Tradition

The transmission of customs or beliefs from generation to generation, or the fact of being long established.