Which of the following would not be considered a private good?
A)A pencil
B)A sweater
C)A jeep
D)Cable TV service

Question

Quizplus · Accepted Answer

Cable TV service is not considered a private good because it is non-rivalrous (one person's consumption does not reduce availability to others) and non-excludable (it's difficult to prevent someone from using the service once it's provided, e.g., through signal encryption). In contrast, a pencil, a sweater, and a jeep are all private goods because they are both rivalrous (one person's consumption reduces availability to others) and excludable (it's easy to prevent others from using them).

Which of the Following Would Not Be Considered a Private