A Private Good

question 17

Multiple Choice

A private good:

• A) is a good for which consumption involves perfect rivalry.
• B) is completely nonexcludable.
• C) is often provided by the government.
• D) imposes a negative externality when it is consumed by any one individual.

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Definitions:

Lev Vygotsky

A Soviet psychologist known for his work on psychological development in children, including the concepts of the zone of proximal development and scaffolding.

Childhood Obesity

A serious medical condition affecting children and adolescents, characterized by having excess body fat that negatively impacts their health.

Heredity

is the passing on of physical or mental characteristics genetically from one generation to another.

Logical Principle

Fundamental concepts or assumptions that underpin reasoning and logical analysis, serving as the basis for deductions and conclusions.