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Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 11
Based on your answer to problem, Netflix streaming can best be categorized as a _______.
A) Pure private good
B) Pure public good
C) Common pool resource
D) Club good
Problem:
If you wish, you can subscribe to the Netflix streaming service. Netflix streaming can be characterized as ______.
A) Rival and excludable
B) Nonrival and nonexcludable
C) Rival and nonexcludable
D) Nonrival and excludable
A) Pure private good
B) Pure public good
C) Common pool resource
D) Club good
Problem:
If you wish, you can subscribe to the Netflix streaming service. Netflix streaming can be characterized as ______.
A) Rival and excludable
B) Nonrival and nonexcludable
C) Rival and nonexcludable
D) Nonrival and excludable
Explanation
Verified
Verified
Private goods refer to those goods that ...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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