Your instructor decides to give the class one very hard exam question. The entire class may work together to answer the question because the instructor just wants the correct answer; she does not care how the class arrives at the answer or who contributes to answering the question. The final answer that is submitted will be graded, and all students will receive the same grade. In one sense, the exam grade is a __________ because all students will benefit and no one can be denied a grade, regardless of their individual contributions to answering the question.
A) public good
B) private good
C) retail good
D) wholesale good
Correct Answer:
Verified
Q91: A small group of congressional party and
Q92: If two neighbors who share a private
Q93: Negotiations that are governed by rules are
Q94: Because individuals involved in the decision-making process
Q95: In American representative democracy, citizens are considered
Q97: The pooling of resources and coordination of
Q98: Getting everyone to act collectively when the
Q99: A large number of members of the
Q100: Which of these is a principal-agent relationship?
A)client-attorney
B)inmate-prison
Q101: The tragedy of the commons suggests that
A)mutual
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents