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Card 1 of 22

A private good is [     ] and [     ] in consumption.

A

A private good is non-excludable and non-rival in consumption.

B

A private good is excludable and non-rival in consumption.

C

A private good is excludable and rival in consumption.

D

A private good is non-excludable and rival in consumption.

Card 1 of 22

Public goods Flashcards

  1. A Level
  2. /Economics
  3. /Public goods

22 flashcards on OCR A Level Economics Public goods: the key terms, economic models and case studies you need to recall for Component 01, Component 02 and Component 03.

Flashcards