Goods that are rival in consumption and excludable would be considered
A) natural monopolies.
B) common resources.
C) public goods.
D) private goods.

Question

Quizplus · Accepted Answer

Goods that are rival in consumption and excludable are private goods. They are considered private because individuals can exclude others from using them, and their consumption by one person reduces the amount available for others to consume.

Goods That Are Rival in Consumption and Excludable Would Be