A private good is
A) rival but not excludable.
B) not rival but excludable.
C) both rival and excludable.
D) neither rival nor excludable.
Correct Answer:
Verified
Q3: If one person's consumption of a good
Q4: Public goods are difficult for a private
Q5: To achieve the optimal provision of public
Q6: If someone owned the property rights to
Q7: A merit good cannot be provided by
Q10: Merit goods are goods that governments feel
Q11: A common resource is
A) not rival but
Q12: If the local government sells apples at
Q13: Common resources are related to negative externalities
Q116: For private goods allocated in markets,
A)prices guide
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