A "positional good" is best described as a good that a person achieves in what way?
A) Only at other people's disadvantage
B) Due to accidental circumstances
C) By virtue of one's geographical location
D) By being well-connected
E) Based on one's past achievements

Question

Quizplus · Accepted Answer

A positional good is one whose value is derived from its exclusivity and the status it confers, meaning its value increases when others do not have it, thus it is achieved at other people's disadvantage.

A "Positional Good" Is Best Described as a Good That