Which of the following is an example of a private good?(1 point)

Question

Responses

positions in a free online game limited to 100 people
positions in a free online game limited to 100 people

an internet connection from a local cable company
an internet connection from a local cable company

a personal computer used to access the internet
a personal computer used to access the internet

a public website

Answer 1

An example of a private good from the provided options is an internet connection from a local cable company.

Private goods are characterized by being both rivalrous and excludable, meaning that one person's use of the good reduces availability to others, and access can be restricted. In contrast, the other options listed (positions in a game, a personal computer, and a public website) either do not limit access or are not considered private goods.