Which of the Following Is a Private Good

question 17

Multiple Choice

Which of the following is a private good?

• A) traffic lights
• B) mountain bike trails in a national forest
• C) a fast-food cheeseburger
• D) cell phone service

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Definitions:

Interpreters

Professionals who translate spoken or signed language into another language, facilitating communication between people who do not share a common language.

Punctuality

Punctuality is the act of being on time for appointments, meetings, or events, reflecting respect for others' time and reliability.

Efficient Use

The act of utilizing resources in the most productive and cost-effective manner.

Successful Communication

The process where information is effectively and efficiently conveyed or received as intended.