Private goods are characterized by

Related MCQs

• A criterion by which public goods are distinguished from private goods:
• Public goods are difficult for a private market to provide due to:
• A pure private good is subject to:
• The main difference between Public and Private Finance is:
• Merit goods means
• Merit goods are those which, when consumed, generate positive external benefits. This is likely to mean that, in a free market economy, the good will be: