Responses
an internet connection from a local cable company
an internet connection from a local cable company
positions in a free online game limited to 100 people
positions in a free online game limited to 100 people
a public website
a public website
a personal computer used to access the internet
a personal computer used to access the internet
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An example of a private good is:
a personal computer used to access the internet.
Private goods are characterized by being excludable and rival in consumption, which applies to a personal computer. The other options are either public goods or do not fit the definition of private goods as clearly.
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1 answer
1 answer
1 answer