Private goods are:
A) excludable and rival.
B) excludable and nonrival.
C) nonexcludable and rival.
D) nonexcludable and nonrival.
Correct Answer:
Verified
Q30: A jump rope is a:
A) rival good.
B)
Q31: Public goods are those goods that are:
A)
Q32: When a good is excludable:
A) one person's
Q33: Wealthy industrialist Henry Hawk fears an asteroid
Q34: State highways are an example of a:
A)
Q36: Private goods are both:
A) rival and nonexcludable.
B)
Q37: Public goods are:
A) excludable and rival.
B) excludable
Q38: Ocean tuna is an example of a:
A)
Q39: The difference between private goods and common
Q40: Common resources are:
A) excludable and rival.
B) excludable
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents