Question

A vacation house in Colorado is

a. rival in consumption and not excludable.
b. not rival in consumption and not excludable.
c. rival in consumption and excludable.
d. not rival in consumption and excludable.

Answer 1

A vacation house in Colorado is rival in consumption and excludable.

The correct answer is C

Step-by-step explanation:

A vacation house in Colorado is rival in consumption and excludable because it is a private good.