A Major Difference Between a Private Good and a Public

question 8

Multiple Choice

A major difference between a private good and a public good is that:

• A) private goods are excludable, public goods are not.
• B) private goods can be produced in efficient quantities while public goods generally are not.
• C) private goods are rival in consumption, public goods are not.
• D) All of the answers are correct.

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IQ Test

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Stanford-Binet IQ Test

A standardized test designed to measure human intelligence and cognitive abilities, based on a series of tasks.