Multiple Choice
Goods that are rival in consumption and excludable are:
A) a common resource.
B) a private good.
C) a public good.
D) an artificially scarce good.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q21: Traffic lights would be considered:<br>A)a common resource.<br>B)a
Q73: When a good is not easily excludable,
Q81: Most goods are:<br>A)exclusive.<br>B)public goods.<br>C)rival in consumption.<br>D)nonrival in
Q84: When the government bans a good:<br>A) the
Q85: If the marginal benefit were greater than
Q87: The free-rider problem is triggered by being:<br>A)
Q88: Which of the following is not an
Q90: One way the government decides how to
Q92: When the government bans a good:<br>A) it
Q107: A smartphone would be considered:<br>A)a common resource.<br>B)a