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Two Characteristics of a Private Good Are Rivalry in Consumption

question 41

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Two characteristics of a private good are rivalry in consumption and excludability.


Definitions:

Project Update

Information or news provided on the current status, progress, or changes in a specific project.

Chronological

Arranged in order of time, from the earliest to the latest event.

Organizational Pattern

The arrangement or structure of ideas or elements within a body of work, such as text, speech, or an organization, to ensure coherence and effectiveness.

Training Content

Material, information, and resources prepared and used for educating or instructing individuals in specific skills or knowledge areas.

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