Goods that possess characteristics of excludability and rivalry are known as___. Option 1: Public Goods Option 2: Normal Goods Option 3: Inferior Goods Option 4: Private Goods

The answer is 'Private Goods'. View full solution:

CUET Economics - Goods that possess characteristics of excludability and rivalry are known as___. | PYQs + Solutions

CUET Economics 2026 11th May Shift 1

Macro

Easy

Public Goods

Normal Goods

Inferior Goods

Private Goods

✅ Correct Option: 4