Which of the following is true?
A. A private good is a consumer good.
B. A public good is not scarce.
C. A private good can only be consumed by the buyer.
D. A public good can be consumed concurrently by many people.
Answer:D
Which of the following is true?
A. A private good is a consumer good. B. A public good is not scarce. C. A private good can only be consumed by the buyer. D. A public good can be consumed concurrently by many people.