A private good is excludable and rival in consumption.
<u>Option: C</u>
<u>Explanation:</u>
Public products are produced for the wellbeing of the people at no expense by the government or by design. Yet private goods are the ones which private firms produce and sell to generate a profit.
If nature or government offers public goods, it is the businessmen or entrepreneurs who create private goods. A good can be excluded if the manufacturer of that good can prevent people who do not pay from buying it. If it can not acquired at the similar time by more than one individual, an item is rival in consumption.
Answer:
cash back, low interest rates
Explanation:
$12 since 48 divided by 4 is 12.
Answer:
House Arrest
Explanation:
Based on the information provided it can be said that the intermediate sanction being described is called House Arrest. This (like mentioned in the question) refers to when the court confines a detainee or convicted offender to their home and controls this by attaching an GPS monitor to their ankle which holds an alarm that is triggered if they try to leave the area of confinement.
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