Multiple Choice
Because it is
A) excludable but not rival in consumption, a sweatshirt is a club good.
B) rival in consumption but not excludable, a sweatshirt is a club good.
C) both excludable and rival in consumption, a sweatshirt is a private good.
D) neither excludable nor rival in consumption, a sweatshirt is a public good.
Correct Answer:
Verified
Correct Answer:
Verified
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