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Which one of the following statements about private goods is true? (WITH EXPLANATION PLEASE) A) there is non-rivalry in their consumption B) there is non-excludability in their consumption C) it is possible
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13 votes
13 votes
Which one of the following statements about private goods is true? (WITH EXPLANATION PLEASE)

A) there is non-rivalry in their consumption
B) there is non-excludability in their consumption
C) it is possible to exclude people from consuming them
D) the free-rider problem makes it difficult for firms to make a profit

User Searke
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15 votes
15 votes
C because some people can not afford to buy private goods which leads them to be excluding them from the products a firm makes
User MyNameCoad
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