Once an idea enters society's pool of knowledge,the idea becomes a
A)societal good.
B)private good.
C)public good.
D)proprietary good.

Question

Quizplus · Accepted Answer

When an idea enters society's pool of knowledge, it becomes accessible to everyone and can benefit the public as a whole. Thus, it is considered a public good. It is not a private good because it is not owned by any individual or entity. It is not a proprietary good because it is not exclusive to any company or individual who holds a patent or copyright on it. While it may be a societal good, this term is not commonly used in this context.

Once an Idea Enters Society's Pool of Knowledge,the Idea Becomes