Which Cannot Be Part of a Digital Trade

question 201

Multiple Choice

Which cannot be part of a digital trade?

• A) reading books
• B) consultant sending a legal brief to his client
• C) ordering product through Ebay
• D) streaming movies

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Definitions:

Private Good

A type of good that is characterized by excludability and rivalry, meaning it can be consumed by only one person at a time.

Excludable

A characteristic of a good or service that allows owners or producers to prevent others from using it without paying for it.

Rival

An entity engaged in competition for the same objective or for superiority in the same field.

Public Good

Goods that are non-excludable and non-rivalrous, meaning that individuals cannot be effectively excluded from use and where use by one individual does not reduce availability to others.