Asking people to indicate their economic values in a survey is an example of what type of economic valuation?

The value of all the equipment and structures of an economy is referred to as:

A) wealth. B) national income. C) asset value. D) capital stock.

Collective consumption goods are _____

a. goods that can be consumed by additional consumers without reducing the amount available to existing consumers b. goods that can be produced for everyone at zero marginal cost c. goods that are produced and consumed by an entire group, such as a commune that raises its own vegetables d. goods that once produced, can be consumed by additional consumers without reducing the amount available to existing consumers