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:
there is a valid contract, but there has been no breach of that contract by the University or by Joe.
Explanation:
Joe met all the requirements the university required of course candidates that Joe would like to take. Although Joe seems to be an excellent candidate, he was not approved, while people with grades below him were proven. This sounds like an unfair case, but this was a situation where a valid contract exists, but there was no breach of that contract by the University or Joe. This is because despite Joe's selection criteria, the university stated that other criteria (chosen by the university itself) would be chosen to select candidates. Therefore it can be stated that Joe did not meet these criteria and therefore was not selected.
Answer:
Role-playing
Explaination:
Role-playing is a pretentious character exhibited by children to enable them discover and develop certain innate skills and abilities
