Both Private Goods and Natural Monopolies Are

question 35

Multiple Choice

Both private goods and natural monopolies are

• A) rival in consumption.
• B) nonrival in consumption.
• C) excludable.
• D) nonexcludable.

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Definitions:

Audience's Needs

The specific desires, expectations, and requirements that a target audience has from content, products, or services.

Point Across

Getting your point across refers to the act of communicating one's ideas or opinions clearly and effectively so that others understand them.

Effective

Refers to the degree to which something achieves its intended outcome or result with minimal waste of time, effort, or skill.

Save Time

Strategies or actions implemented to reduce the amount of time spent on tasks, thereby increasing efficiency.