A Private Good Is

question 72

Multiple Choice

A private good is:

• A)excludable and rival in consumption.
• B)nonexcludable and nonrival in consumption.
• C)excludable and nonrival in consumption.
• D)nonexcludable and rival in consumption.

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Definitions:

Obsession

Persistent, intrusive, and unwanted thoughts or impulses that cause distress or anxiety.

Contamination

The presence of unwanted substances or impurities in a material, environment, or organism, leading to possible harm.

Anxiety

A sense of agitation, nervous tension, or unease, commonly about a forthcoming occurrence or something with an unknown conclusion.

Neurotransmitter Circuit

A pathway in the brain along which neurotransmitters travel to convey messages between neurons.