In the Wealth of Nations, Adam Smith wrote about how countries could increase their consumption of goods and services through specialization and trade with other countries

Which of the following statements about private goods and public goods is correct?

a. Private goods and public goods are both excludable. b. Private goods and public goods are both rival in consumption. c. Private goods are not excludable and public goods are excludable. d. Private goods are rival in consumption and public goods are not excludable.

The principal's goals are NOT in line with the goals of:

A. the consumers. B. the agents. C. the firms. D. any other principal.