A Good That Is Nonrival and Excludable Is Defined as A

question 23

Multiple Choice

A good that is nonrival and excludable is defined as a:

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

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Definitions:

Agriculture Organization

An entity focused on improving farming practices, supporting farmers, and promoting sustainable agriculture development.

Land Covered

An environmental or agricultural term referring to the extent, type, and use of land surface areas, including natural vegetation, urban territories, and cultivated lands.

Forests

Large areas covered predominantly with trees and underbrush, playing critical roles in biodiversity, climate regulation, and resource provision.

Period

A length or portion of time.