Question: What are the characteristics of a private good?
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a.non-rivalness and excludability
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b.non-rivalness and non-excludability
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c.rivalness and excludability
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d.rivalness and non-excludability
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e.None of these
Answer: c
 non-rivalness and excludability b) non-rivalness and non-excludability c) rivalness and excludability d) rivalness and non-excludability e) None of these Ans. c) rivalness and excludability
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