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#58759 Bangla Language & Literature General Level 0

Which one of the following is an essential characteristic of a private good?

  1. A Consumption of the good by one user diminishes the quantity available to others
  2. B Consumption of the good by the user has no external effects on the consumption or productivity of others
  3. C It is produced by the private sector
  4. D The user has to pay for it
Answer: A - Consumption of the good by one user diminishes the quantity available to others

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