A Good That Is Rival in Consumption and Not Excludable

question 275

Multiple Choice

A good that is rival in consumption and not excludable is called a

• A)public good.
• B)common resource.
• C)club good.
• D)private good.

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Definitions:

Non-Being

A philosophical concept referring to the absence or negation of being or existence.

Death Instinct

In psychoanalytic theory, an underlying drive towards death, self-destruction, or the return to an inorganic state, as opposed by the life instincts.

Awareness of Ultimate Concerns

The conscious recognition of one's deep and fundamental worries or existential questions, which can affect one's psychological well-being.

Logotherapist

A therapist who practices logotherapy, a form of psychotherapy founded by Viktor Frankl that emphasizes finding meaning in life's experiences, particularly through suffering.