Which of the Following Displays Rivalry and Excludability in Consumption

question 39

Multiple Choice

Which of the following displays rivalry and excludability in consumption?

• A)public goods
• B)private goods
• C)quasi-public goods
• D)common resources

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Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services provided on credit.

Income Tax Expense

The amount of money a company pays in taxes based on its earnings.

Statement of Cash Flows

A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company, highlighting the business's operating, investing, and financing activities.

Sales Adjusted

Sales adjusted refers to the revenues after making necessary adjustments for returns, allowances, and discounts to the gross sales figure.