Which of the Following Is True

question 139

Multiple Choice

Which of the following is true?

• A)Consumption of a public good by one individual reduces the availability of the good for others.
• B)It is extremely difficult to limit the benefits of a public good to the people who pay for it.
• C)Public goods are free whenever the government produces them.
• D)From an efficiency standpoint, a market economy will generally supply too much of a public good.
• E)None of the above are correct.

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Definitions:

Cultural Variation

Differences in beliefs, behaviors, language, traditions, and customs among various groups within and across societies.

Reasoning

The process of thinking about something in a logical, sensible way to form a conclusion or judgment.

Nontraditional Students

Individuals who pursue tertiary education but do not follow the traditional college path of entering immediately after high school, often older and possibly balancing education with other responsibilities.

Support

Assistance or encouragement provided to someone, often in times of difficulty, aiming to help them cope and thrive.