Question: Resources ? Hint Submit Ans John and Michael are the only consumers in a town that is planning on putting on a fireworks display. The
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John and Michael are the only consumers in a town that is planning on putting on a fireworks display. The graph illustrates John's and Michael's demand curves for a fireworks display. Based on the information given in the graph, manipulate the movable demand curve to reflect the overall demand for the fireworks display.
What kind of good is a fireworks display?
public good
common resource
private good
quasipublic good
Calendar
Question of HW : Ex
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Classify each example according to whether it is rivalrous or nonrivalrous, and excludable or nonexcludable.
a street lighting in a public park:
b playing World of Warcraft, a massive multiplayer online computer game:
c a Chipotle burrito:
d wild tuna in the Pacific Ocean for which no fishing permit is required:
rivalrous and nonexcludable rivalrous and excludable nonrivalrous and nonexcludable nonrivalrous and excludable
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