These goods involve cost and therefore the. A demerit good has two characteristics. Public Goods Vs Private Goods Difference And Comparison The Investors Book A mixed economy has three of the following characteristics of a market economy. . Following are the various characteristics of these goods. Likewise the consumption of private goods by an individual prevents other individuals from consuming the same goods. Second it allows the free market and the laws of supply and demand to determine prices. Characteristics of Private Goods. During twentieth century various governments started. However private equity is not raised in the public markets. Private and Public equity is generally available in the form of shares. It means the transfer of ownership management and control of the public sector enterprises to the private sector. For example people dont realise or ignore the costs of doing something eg. ...