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A.
rivalrous and non-excludable
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B.
rivalrous and excludable
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C.
non rival and non- excludable
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D.
non rival and excludable
Correct Answer: Option B
Explanation
They are goods that are divisible and to which principle of exclusion is fully applied. It is based on the following assumptions: Ability to pay, Rivalry in consumption, price is its basis, willingness to pay etc.
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