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.

---

Definitions:

Excitable

Capable of responding rapidly and intensely to stimuli, often used to describe nerve or muscle cells.

Fearful

Feeling afraid or anxious; the emotional response to perceived threats or danger.

Agitated

A state of nervousness or unrest, often characterized by rapid movement or speaking.

Nonreactive

Describes a substance or individual that does not respond or change when exposed to another substance or a particular stimulus.