When Something of Value Has No Price Attached to It

question 376

Multiple Choice

When something of value has no price attached to it,

• A)externalities will be present.
• B)production of the product has no cost.
• C)government should not intervene to produce the product.
• D)private companies will eventually produce the product, and the good will no longer be free.

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Definitions:

Symbolic Constants

Constants in programming that use names to represent fixed values, making code more readable and maintainable, often defined using the #define directive in C/C++.

Local Variables

Local variables are variables declared within a function or block and can only be accessed and manipulated within that function or block.

Global Variables

Variables that are defined outside of any function or block, accessible by any part of the program.

Programming

The process of designing, writing, testing, debugging, and maintaining the source code of computer programs.