Most goods in the economy are
A)club goods.
B)common resources.
C)public goods.
D)private goods.

Name: Most goods in the economy are A)club goods. B)common resources. C)public goods. D)private goods.
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Question

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Private goods are goods that are excludable and rivalrous, meaning that their consumption by one person prevents their consumption by another and access to the good can be restricted by price or physical barriers. Most goods in the economy are private goods, such as food, clothing, and electronics.

Most Goods in the Economy Are