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Which of the following is a trait shared by all individual goods?

  • Question 10a of 10 - Types of goods

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: Which of the following is a trait shared by all individual goods?
  • Answers:
  1. Excludability
  2. Elasticity
  3. Fungibility
  4. Inferiority

The correct answer is: excludability. Individual goods are those that an individual can enjoy to the exclusion of everyone else.

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