A chocolate chip cookie would be considered:
A)a common resource.
B)a private good.
C)a public good.
D)an artificially scarce good.

Name: A chocolate chip cookie would be considered: A)a common resource. B)a private good. C)a public good. D)an artificially scarce good.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A chocolate chip cookie is a private good because it is both excludable (you can prevent someone from consuming it by not giving it to them) and rivalrous (if one person eats the cookie, another person cannot eat the same cookie).

A Chocolate Chip Cookie Would Be Considered