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    Exploring Microeconomics
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    Exam 6: Market Efficiency and Market Failure
  5. Question
    What Is the Term for a Good Can No One
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What Is the Term for a Good Can No One

Question 2

Question 2

Multiple Choice

What is the term for a good can no one be excluded from and can be consumed simultaneously by everyone?


A) a nonrival good
B) a common resource good
C) a public good
D) a natural monopoly

Correct Answer:

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