Private Goods Are Both

question 9

Multiple Choice

Private goods are both

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

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Definitions:

Sales Quotas

Targets set for sales teams or individuals within a certain time frame, measuring the minimum amount of sales that must be achieved.

Efficient Routing

The optimization of routes or pathways to ensure the quickest or most cost-effective transportation of goods or services.

CRM

Stands for Customer Relationship Management, a strategy or software that helps businesses manage and analyze customer interactions and data throughout the customer lifecycle.

Spreadsheet Organizer

A tool or software used for organizing, analyzing, and storing data in tabular form, facilitating calculations and data management.