Private Goods Can Be Provided by Competitive Markets Because They

Multiple Choice

Private goods can be provided by competitive markets because they are:

A) excludable, providing an incentive to pay for and thus to produce these goods.
B) excludable, since the market for buying and selling these goods is distinguishable.
C) nonexcludable, providing an incentive to pay for and thus to produce these goods.
D) nonexcludable, since the market for buying and selling these goods cannot be distinguished.