One Important Feature That Distinguishes a Private Good from a Public

question 20

Multiple Choice

One important feature that distinguishes a private good from a public good is that

• A) only the government can produce private goods.
• B) nobody can be excluded from enjoying the benefits of a private good.
• C) a private good is excludable and a public good is nonexcludable.
• D) if you consume a unit of a private, that means there is no less for someone else.
• E) a private good is nonrival and a public good is rival.

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Definitions:

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