For a good to be efficiently provided by the private market,it must be:
A)rival in consumption and nonexcludable.
B)nonrival in consumption and excludable.
C)a common resource.
D)rival in consumption and excludable.

Question

Quizplus · Accepted Answer

For a good to be efficiently provided by the private market, it must be rival in consumption to create competition and excludable to prevent non-payers from free-riding.

For a Good to Be Efficiently Provided by the Private