The Distinguishing Characteristic of Private Goods Is That

question 126

Multiple Choice

The distinguishing characteristic of private goods is that

• A) the principle of rival consumption does not apply to them.
• B) their use is exclusive to the people who purchase them.
• C) they can be sold but not rented.
• D) they can be sold or rented, but not borrowed.

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Definitions:

Closure Quickly

The rapid completion or resolution of an emotional or psychological issue.

Preexisting Beliefs

Opinions or convictions held before being exposed to new information or experiences.

Musical Genius

An exceptional natural capacity for musical creation, performance, or understanding, significantly beyond the norm.

Preexisting Beliefs

Convictions or opinions held before being exposed to new information or experiences.