menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Today
  4. Exam
    Exam 10: The Public Sector
  5. Question
    The Principle Feature of Private Goods Is That
Solved

The Principle Feature of Private Goods Is That

Question 1

Question 1

Multiple Choice

The principle feature of private goods is that


A) they cannot be rented or purchased.
B) consumption by one person reduces the quantity available to others.
C) externalities associated with their production are always negative.
D) no one can be excluded from consumption of the product.

Correct Answer:

verifed

Verified

Related Questions

Q2: Demerit goods are often<br>A)produced by the government.<br>B)subsidized.<br>C)heavily

Q4: Identify the economic and political functions of

Q5: Rational ignorance refers to the idea that<br>A)decision-makers

Q6: Rational ignorance is relevant for decision-making<br>A)only in

Q7: A family making $30,000 pays $4,500 in

Q8: A flat tax with an exemption for

Q9: A consumer who buys a product without

Q10: The distribution of tax burdens among various

Q11: The free-rider problem is<br>A)the use of the

Q85: A tax system characterized by a constant

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines