Which of the following goods BEST fits the characteristics of a private good?
A) a professor giving a lecture in a large classroom
B) an ice-cream cone
C) fire protection
D) disease prevention
Correct Answer:
Verified
Q1: Which of the following goods is most
Q2: Which of the following goods best fits
Q2: A(n)_ is nonexcludable and nonrival in consumption.
A)private
Q3: A public good is a good or
Q4: The best example of a private good
Q6: Which of the following is an example
Q8: Which of the following goods is most
Q9: Which of the following goods is most
Q11: Clean water in a river is nonexcludable
Q13: A private good is _ in consumption.
A)excludable
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