A Public Good Is a Good

question 105

Multiple Choice

A public good is a good:

• A)whose consumption is nonexcludable and nonrival.
• B)for which the marginal cost of adding another consumer is high.
• C)that the market will usually provide efficiently.
• D)whose consumption is rival.

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Definitions:

Transitional Epithelium

A type of epithelium that can stretch and contract, found lining organs such as the bladder.

Pseudostratified Epithelium

A type of tissue lining some air passages and glands, appearing layered due to cell nuclei at different levels, though each cell contacts the basement membrane.

Stratified Epithelium

A type of epithelial tissue composed of multiple layers of cells, serving as a protective barrier in areas of the body subject to abrasion and friction.

Mesothelium

A simple squamous epithelium that lines the major cavities of the body and covers the surface of internal organs.