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Four Types of Goods and Two Characteristics
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Four Types of Goods and Two Characteristics
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8. The Types of Goods / Four Types of Goods and Two Characteristics / Problem 3
Problem 3
Why is housing considered a private good?
A
Because it is rival and non-excludable.
B
Because it is non-rival and excludable.
C
Because it is rival and excludable.
D
Because it is non-rival and non-excludable.
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