Which of the following would be considered a private good?
A)a telecommunications service
B)a mobile phone advertisement
C)a mobile phone case
D)a telecommunications tower

Question

Quizplus · Accepted Answer

A mobile phone case is considered a private good because it is a physical object that can be owned and consumed by an individual. The other options are not considered private goods. A telecommunications service is a public good because it is non-excludable and non-rivalrous in consumption. A mobile phone advertisement is a marketing communication and not a physical product. A telecommunications tower is a public good because it can be used by multiple individuals without diminishing its availability.

Which of the Following Would Be Considered a Private Good