One Important Feature That Distinguishes a Private Good from a Public

question 20

Multiple Choice

One important feature that distinguishes a private good from a public good is that

• A) only the government can produce private goods.
• B) nobody can be excluded from enjoying the benefits of a private good.
• C) a private good is excludable and a public good is nonexcludable.
• D) if you consume a unit of a private, that means there is no less for someone else.
• E) a private good is nonrival and a public good is rival.

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Definitions:

Commercial Records Center

A facility that offers storage and management of business records, documents, and information.

Unused Closet

A storage space within a building that is currently not being used to store items or belongings.

Alphabetical Order

The arrangement of words or phrases by the sequence of their first letters or characters.

Hyphenated Name

A personal name consisting of two or more words joined by a hyphen, often used to combine surnames or given names.