What Is a Private Good

question 101

Multiple Choice

What is a private good?

• A)A good whose benefits can be denied to non-buyers and whose consumption by one person reduces the amount available to others.
• B)A good provided by the government which could be provided by private firms.
• C)A good which could not be produced at a profit by the government.
• D)A good which could be provided by the government but only at a loss.

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Definitions:

Serum Glucose Levels

The concentration of glucose in the serum part of the blood, an important indicator of metabolic health and diabetes management.

Catheter Care

The maintenance and hygiene practices involved in managing a catheter, a tube inserted in the body to drain and collect urine from the bladder.

Parenteral Nutrition

A method of feeding that bypasses the gastrointestinal tract, delivering nutrients directly into the bloodstream through an intravenous solution.

Parenteral Nutrition

A method of feeding that bypasses the gastrointestinal tract, delivering nutrients directly into the bloodstream through an intravenous line.