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

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

1 answer

An example of a private good from the options provided is a personal computer used to access the internet.

Private goods are characterized by being both excludable and rivalrous, meaning that one person's use of the good reduces its availability for others, and access to the good can be restricted. A personal computer fits this definition because it can only be used by one person at a time and ownership can limit access to others.

Similar Questions
  1. Which of the following is an example of a club good?(1 point)Responses the air outside of a private gym the public roads used to
    1. answers icon 1 answer
  2. Hi,this isn't anything to do with home work. (Thank God I'm done with homeschooling)But I have a question to do with internet
    1. answers icon 5 answers
  3. Multiple ChoiceWhy is it important to evaluate the website on which you plan to shop? (1 point) Responses It may not have a fast
    1. answers icon 9 answers
  4. Multiple ChoiceWhy is it important to evaluate the website on which you plan to shop? (1 point) Responses It may not have a fast
    1. answers icon 13 answers
more similar questions