_____ goods are rival in consumption and excludable.
A) Private
B) Nonprivate
C) Nonrival private
D) Rival

Name: _____ goods are rival in consumption and excludable. A) Private B) Nonprivate C) Nonrival private D) Rival
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

Private goods are both rival in consumption (one person's consumption of the good reduces the amount available for others) and excludable (it is possible to prevent someone from using the good).

_____ Goods Are Rival in Consumption and Excludable