Which of the following displays rivalry and excludability in consumption?
A)public goods
B)private goods
C)quasi-public goods
D)common resources

Question

Quizplus · Accepted Answer

Private goods are both rival and excludable in consumption, meaning that consumption by one person prevents or reduces the amount available for others, and access to the good can be restricted by price or other means.

Which of the Following Displays Rivalry and Excludability in Consumption