A Private Good

question 38

Multiple Choice

A private good

• A) Is a good for which consumption involves perfect rivalry
• B) Is nonexcludable
• C) Is often provided by the government
• D) Is often not provided by the government

---

Definitions:

Highly Consistent

Describing something that consistently follows a particular pattern, behavior, or outcome without significant variation.

Situational Factor

An external influence that affects an individual's behavior or decision-making process in a given context.

Noisy Environment

A setting or situation characterized by high levels of background sound that can interfere with communication or concentration.

Personality Trait

A characteristic, stable in an individual's personality that dictates how they consistently behave, perceive, and emotionally respond.