Which of the following is the BEST example of a private good?
A) a house
B) a bridge during rush hour
C) air traffic control
D) fish in the ocean
Correct Answer:
Verified
Q24: A movie shown on a pay-per-view cable
Q25: Goods that are nonrival and nonexcludable are
Q26: Food is an example of a _
Q27: Public goods are I. nonexcludable.
II) nonrival.
A) I
Q28: When consumption is rival and excludable, the
Q30: A good which is nonrival and nonexcludable
Q31: Nonexcludability is a feature of
A) goods but
Q32: A good or service or a resource
Q33: What are the two features of a
Q34: Public goods are those for which
A) individuals
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