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

Question

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

Answer 1

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.