Multiple Choice
One important feature that distinguishes a private good from a public good is that
A) only the government can produce private goods.
B) nobody can be excluded from enjoying the benefits of a private good.
C) a private good is excludable and a public good is nonexcludable.
D) if you consume a unit of a private, that means there is no less for someone else.
E) a private good is nonrival and a public good is rival.
Correct Answer:

Verified
Correct Answer:
Verified
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