Question

give two points of difference between private goods and public goods

Answer 1

✴️ HELLO FRIEND ✴️


➡️ private good is a product that must be purchased to be consumed and its consumption by one individual prevents another individual from consuming it.

➡️ Economists refer to private goods as rivalrous and excludable.

Answer 2

Heyyy mate...
thanks for the question....
ur ans is here in the attachment ...
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