A private good is _____ in consumption.
A) excludable and rival
B) nonexcludable and nonrival
C) excludable and nonrival
D) nonexcludable and rival
Correct Answer:
Verified
Q8: Which good is MOST likely an artificially
Q9: A good is MOST likely to be
Q10: A(n)_ is excludable and rival in consumption.
A)private
Q11: Clean water in a river is nonexcludable
Q12: The BEST example of a private good
Q14: A public good is a good or
Q15: Which good BEST fits the characteristics of
Q16: Which example is considered a nonexcludable good?
A)health
Q17: A private good is a good or
Q18: An artificially scarce good is a good
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