Which of the Following Pairs of Goods Includes a Good

question 102

Multiple Choice

Which of the following pairs of goods includes a good that is excludable and rival in consumption as well as a good that is not excludable and not rival in consumption?

• A)tablet computer, gym membership at a gym that always has plenty of open equipment and classes
• B)tablet computer, national defense
• C)congested nontoll road, national defense
• D)online music subscription, streetlight

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Definitions:

Raven's Progressive Matrices

A non-verbal group test typically used to measure abstract reasoning and regarded as a non-verbal estimate of fluid intelligence.

Establishing Rules

The process of creating guidelines or principles that govern behavior within a specific context or organization.

Administering

The act of managing or supervising the execution, use, or conduct of something, often involving medications, operations, or policies.

Interpreting

The process of explaining or providing the meaning behind information, data, or observed behaviors.