Aproduct that requires a person to pay in order to consume it is a
a. public good
b. private good
c. federal commodity
d. government resource

(B) Private goods

Explanation:

 The private good is type of an item which must be bought to be consumed, and utilization by one individual keeps another person from expending it. Financial analysts allude to private products as excludable.

 Private good is basically require for the person for consumption by the individual. A goods are consider as private good when there is rivalry between people to get the great and if devouring the great anticipates another person from expending it.

Therefore, Option (B) is correct.

answer; (c) communism and socialism;

answerindividual preferences are not revealed in the market for the good;