Private Goods Are Both

question 9

Multiple Choice

Private goods are both

• A)excludable and nonrival in consumption.
• B)nonexcludable and rival in consumption.
• C)excludable and rival in consumption.
• D)nonexcludable and nonrival consumption.

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Definitions:

Selection Favors

A principle in evolutionary biology where certain traits become more common within a population because they provide a survival or reproduction advantage.

Arginine Vasopressin Receptor

A receptor that binds to arginine vasopressin, a hormone involved in water balance and vasoconstriction.

Male Voles

Male members of small rodent species, often studied for their bonding behaviors and social attachments in research exploring mammalian relationships.