Which of the Following Is an Example of a Private

question 30

Multiple Choice

Which of the following is an example of a private good?

• A) clean air
• B) water
• C) police departments
• D) computers
• E) television programs

---

Definitions:

Leaving Money on the Table

A term used in finance and economics indicating a situation where less profit is made from a deal than what could have been made.

Investment Bank

A financial institution that assists individuals, corporations, and governments in raising financial capital by underwriting or acting as the client's agent in the issuance of securities.

Stock Offering

The process by which a company issues its stocks to investors to raise capital, often referred to as equity financing.

Entrepreneur

An individual who creates, organizes, and operates a business or businesses, taking on greater than normal financial risks in order to do so.