Which of the Following Is an Example of a Public

question 6

Multiple Choice

Which of the following is an example of a public good?

• A)Carpooling with your friends.
• B)Flood control.
• C)Social Security payments.
• D)None of the choices are correct.

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Definitions:

Product Variety

The range of different products or services offered by a company to cater to various customer preferences.

Store Composition

The arrangement and organization of products, displays, and departments within a retail space to optimize customer experience and sales performance.

Merchandise Line

A merchandise line consists of a group of related products marketed under a single brand name, offered by the same company.

Limited-Service

Refers to businesses or offerings that provide a narrower range of services or products compared to full-service alternatives.