Multiple Choice
Private goods are goods or services
A) that can only be consumed by one individual at a time.
B) that violate the principle of rival consumption.
C) to which the exclusion principle applies.
D) for which no public market exists.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q64: Suppose the income tax rate is zero
Q65: Using appropriate diagrams,explain how a tax on
Q66: In the absence of government intervention<br>A)free-rider problems
Q67: A capital gain<br>A)is the negative difference between
Q68: Which of the following is an example
Q70: Which one of the following is NOT
Q71: The marginal tax rate and the average
Q72: Define rational ignorance and explain how it
Q73: Assuming wealthier people are more likely to
Q74: A national sales tax with a constant