In much of the United States and Canada, logging takes place in both privately owned and government-owned

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In much of the United States and Canada, logging takes place in both privately owned and government-owned forests.
a. Are privately owned forests excludable? Are they rival? What type of good are they?
b. Suppose that anyone is legally allowed to enter a government-owned forest and start logging. What type of good are these forests?
c. Do you expect the rate of logging in government-owned forests to be faster, slower, or equal to the efficient level?
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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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