Classify each of the following goods as a private good, a public good, or a mixed good

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Classify each of the following goods as a private good, a public good, or a mixed good and say whether it creates an external benefit, external cost, or neither.
• Chewing gum
• The Santa Monica freeway at peak travel time
• The New York City subway
• A skateboard
• The Santa Monica beach
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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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