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  3. Study Set
    Foundations of Macroeconomics
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    Exam 11: Public Goods and Common Resources
  5. Question
    A Private Good Is Defined as a Good or Service
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A Private Good Is Defined as a Good or Service

Question 170

Question 170

Multiple Choice

A private good is defined as a good or service


A) that is something tangible.
B) that is rival and excludable.
C) that is rival and nonexcludable.
D) produced by a single country.
E) that is nonrival and nonexcludable.

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