Because It Is

question 373

Multiple Choice

Because it is

• A)excludable but not rival in consumption, a sweatshirt is a club good.
• B)rival in consumption but not excludable, a sweatshirt is a club good.
• C)both excludable and rival in consumption, a sweatshirt is a private good.
• D)neither excludable nor rival in consumption, a sweatshirt is a public good.

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Definitions:

E-messages

Electronic messages that are transmitted over the internet or other digital network, including emails and instant messages.

Richness

In communication, the depth and complexity of information conveyed, often enhanced by the medium's ability to facilitate immediate feedback and convey multiple cues like tone and body language.

Face-to-face Conversation

Direct interpersonal communication where individuals talk with each other in person, allowing for immediate feedback and non-verbal cues.

Phone Call

A voice conversation made over a telephone or mobile device between two or more people.