Which Is a Property of a Private Good,like a Sandwich

question 30

Multiple Choice

Which is a property of a private good,like a sandwich?

• A) non-rival in consumption
• B) rival in consumption
• C) non-excludable
• D) subject to the free rider problem

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Definitions:

Serotonin

A neurotransmitter that plays a role in mood regulation, sleep, appetite, and cognitive functions.

Immune System

An intricate system comprising cells, tissues, and organs that collaborates to protect the body from dangerous pathogens and diseases.

Dormant Virus

A virus that is present in the body but not actively replicating, remaining in a latent state within its host.

Allergic Reaction

An immune system response to a foreign substance that's not typically harmful to the body, such as food or pollen, resulting in symptoms like itching or sneezing.