Private goods are goods

A) that carry a price.
B) for which price is greater than zero.
C) for which the more one person has the less is available for someone else.
D) that are produced by the government.

C

Economics

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Explain what would happen to the equilibrium price and quantity of gasoline if the supply of gasoline decreased while the demand for gasoline also decreased

What will be an ideal response?

Economics

A business manager who observes that prices in general keep rising might infer, correctly, that now is a good time to ________

A) invest to expand the business B) raise the price of her product C) expect an increase in business profits D) expect a higher return on personal savings E) all of the above

Economics