A Private Good Is

question 43

Multiple Choice

A private good is

• A) rival but not excludable.
• B) not rival but excludable.
• C) both rival and excludable.
• D) neither rival nor excludable.

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Definitions:

Talented Candidates

Individuals who possess exceptional skills or abilities in a particular area.

Subcontraries

In traditional logic, these are propositions that can both be true but cannot both be false at the same time in Aristotle's square of opposition.

Obverses

In logic, statements that are logically equivalent but expressed in inverse form, typically through negation or contraposition.

Relationship

The process by which two or more ideas, objects, or individuals are related, or the status of having a relationship.