A Private Good Is ________ and ________

question 90

Multiple Choice

A private good is ________ and ________.

• A) rival; excludable
• B) nonrival; excludable
• C) rival; nonexcludable
• D) nonrival; nonexcludable

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Definitions:

Group

A collection of individuals who come together for a common purpose or share similar interests.

Retrovirus

A virus capable of reversing the normal genetic writing process, causing the host cell to replicate the virus instead of itself.

Practice Safer Sex

Engaging in sexual activities in a manner that reduces the risk of transmitting or acquiring sexually transmitted infections.

HIV-Positive

A status indicating that a person has been infected with the Human Immunodeficiency Virus, which attacks the immune system.