Which of the following is the BEST example of a private good?
A) a can of Mountain Dew
B) fish in the ocean
C) cable television
D) national defense
A
Economics
You might also like to view...
A tripling of foreign aid would come close to curing global poverty
Indicate whether the statement is true or false
Economics
Price elasticity of demand is defined as
A) the percentage change in the quantity demanded of some product resulting from a one percent change in price. B) the percentage change in the quantity demanded of some product resulting from a change in price. C) the change in quantity demanded resulting from a one percent change in price. D) the change in quantity demanded resulting from a change in price.
Economics