Which of the Following Characteristics Best Defines a Private Good

question 33

Multiple Choice

Which of the following characteristics best defines a private good?

• A) rival and excludable
• B) rival and nonexcludable
• C) nonrival and nonexcludable
• D) nonrival and excludable
• E) a good that is never produced by the government

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Definitions:

Bed Rest

A medical recommendation to stay in bed for therapeutic reasons for a period of time, often to promote healing or recovery.

Visually Impaired

A term describing individuals who have reduced vision that cannot be corrected to normal levels through usual means such as glasses or contact lenses.

Braille Sticker

Adhesive labels embossed with Braille characters that can be attached to various objects, aiding visually impaired individuals in identifying them.

Call Button

A device used by patients to alert healthcare providers or caregivers to their need for assistance.