Private Goods Are ________

question 7

Multiple Choice

Private goods are ________.

• A) excludable but non-rival in consumption
• B) non-excludable and non-rival in consumption
• C) non-excludable but rival in consumption
• D) excludable and rival in consumption

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Definitions:

Scissor Motion

A movement involving two parts moving past each other in opposite directions, similar to the action of a pair of scissors.

Small Intestine

A part of the gastrointestinal tract between the stomach and large intestine that digests food and absorbs nutrients.

Cecum

The first part of the large intestine, located at the junction between the intestines and the appendix.

Jejunum

The second part of the small intestine in humans, where most of the nutrients from food are absorbed.