Goods that possess hard property rights so that nonpurchasers are excluded from consuming them are called:

Question

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Private goods are those that possess hard property rights, meaning that ownership of the good is exclusive to the purchaser or owner, and nonpurchasers are excluded from consuming or benefiting from it. Examples of private goods include clothing, cars, and furniture. Public goods, on the other hand, are non-excludable, meaning that individuals cannot be excluded from consuming them, such as streetlights or national defense. Regulated goods and underproduced goods do not accurately describe goods based on their property rights.

Goods That Possess Hard Property Rights So That Nonpurchasers Are