Multiple Choice
Private goods are both:
A) rival and nonexcludable.
B) nonrival and excludable.
C) nonrival and nonexcludable.
D) rival and excludable.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q147: Nonexcludability cannot exist at the same time
Q148: Tuna in the ocean is a common
Q149: Explain whether there is a free-rider problem
Q150: Economic markets have a hard time producing
Q151: Which of the following solutions for public
Q153: A free rider is a person who:<br>A)
Q154: A fisherman has an incentive to overfish
Q155: The sun has features of a:<br>A) public
Q156: Public roads sometimes get congested, suggesting that
Q157: Goods that are rival in consumption include