A Private Good Is

question 27

Multiple Choice

A private good is

• A) nonrival in consumption.
• B) subject to free rider problems.
• C) not subject to exclusion.
• D) subject to exclusion.

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Definitions:

Legal Asset Owner

An individual or entity that holds the legal title to an asset or property, granting them rights to its use, disposal, or benefit.

Warrants

Securities that give the holder the right, but not the obligation, to buy a company's stock at a predetermined price before a specified date.

Common Shares

Equity investments that represent ownership in a company, providing voting rights and potential dividends to shareholders.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.