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What is a private good?

A. A payment made to an individual or family for which no current goods or services are exchanged
B. A good or service for which consumption by one person does not exclude consumption by other people
C. A good or service to which society believes everyone is entitled to consume a minimum provision
D. A good or service for which consumption by one person excludes consumption by other people
E. A good or service to which free access is granted only if the individual or family income falls at or below a certain level

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