Private goods are ________.
A) excludable but non-rival in consumption
B) non-excludable and non-rival in consumption
C) non-excludable but rival in consumption
D) excludable and rival in consumption

Question

Quizplus · Accepted Answer

Private goods are both excludable, which means individuals can be prevented from using them, and rival in consumption, which means one person's consumption deprives others from using it. Examples of private goods include food, clothing, and cars.

Private Goods Are ________