A good that is rival and excludable is defined as a:

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Quizplus · Accepted Answer

A good that is rival and excludable is considered a private good. Private goods are goods or services that have two distinct characteristics: rivalry and excludability. Rivalry means that one person's consumption of the good diminishes the ability of another person to consume the same good, and excludability means that it is possible to prevent someone from consuming the good if they do not pay for it. Examples of private goods include groceries, clothing, and cars.

A Good That Is Rival and Excludable Is Defined as A