Question: Rival in Consumption? Rival in Consumption? Yes No Excludable? Yes A B Excludable? No C C In the table above A indicates goods that are
Rival in Consumption? Rival in Consumption? Yes No Excludable? Yes A B Excludable? No C C
In the table above A indicates goods that are rival in consumption and are excludable; B indicates goods that are not rival in consumption but are excludable; C indicates goods that are rival in consumption but not excludable; and D indicates goods that are not rival in consumption and also not excludable.
Which box represents a private good? (2 points) Box A Box B Box C Box D
Please explain
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