The Two Defining Characteristics of Pure Private Goods Are

question 44

Multiple Choice

The two defining characteristics of pure private goods are

• A)nonrivalry and excludability
• B)positive externalities and efficiency
• C)nonexcludability and nonrivalry
• D)efficiency and profitability
• E)rivalry and excludability

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Definitions:

Patient Input

The involvement of patients in making decisions about their own healthcare, including treatment choices and care planning.

Total Fat Intake

The sum of saturated, unsaturated, and trans fats consumed in a person's diet, affecting overall health and risk of diseases.

Physical Activity

Any bodily movement produced by skeletal muscles that requires energy expenditure, including activities undertaken while working, playing, or exercising.

Nutritional Point

indicates a specific guideline or piece of advice regarding diet and nutrition aimed at promoting health or managing a health condition.