Question

Goods that are rival in consumption include both A. private goods and club goods. B. club goods and public goods. C. public goods and common resources. D. common resources and private goods.

Answer 1

Answer:

The correct answer is letter "D": common resources and private goods.

Explanation:

There are four types of goods: private goods, public goods, common resources, and club goods. Goods that are rival in consumption are those that cannot be used by the same person at the same time such as private goods -demand ownership- and common resources -air, for example.