Fundamental Concepts and Terminologies — Economics STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceEconomicsFundamental Concepts and Terminologies1 Mark
Question
What is the difference between private goods and public goods according to consumption?
✓
Answer
The consumption is done by individual and the scope is limited is called private goods while the society has ownership and consumption then it is done collectively and scope is wide then it is called public goods.
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