Private Goods Are

question 127

Multiple Choice

Private goods are

• A) rival in consumption, and their benefits are excludable.
• B) nonrival in consumption, and their benefits are excludable.
• C) nonrival in consumption, and their benefits are nonexcludable.
• D) rival in consumption, and their benefits are nonexcludable.

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Definitions:

Declaration Of Independence

is the historic document adopted on July 4, 1776, in which the thirteen American colonies declared their independence from British rule.

War Preparation

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Residents or naturalized individuals living in the state of Massachusetts, often referring to their rights, responsibilities, and historical role in American history.