Classify each of the following goods using these terms: nonrival, nonexcludable, private good, public good, and common
Question:
a. Hamburger
b. Lighthouse
c. Flood control
d. Swimming pool
e. Park
f. Broadcast television
g. Cellular telephone service
h. Computer software
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a Private good excludable rival b Public good nonexcludab...View the full answer
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Related Book For
Microeconomics
ISBN: 9781464146978
1st Edition
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
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