Mike constructed a beautiful backyard landscape. He also built a tall wooden fence around his yard. With the fence in place, the good that the landscape brings to the neighborhood becomes a
A) private good because Mike can exclude people from enjoying the landscape.
B) public good because there is still nonrivalry in seeing the landscape.
C) private good because Mike pays for the landscaping out of his own pocket.
D) public good because the landscape is part of nature.
Correct Answer:
Verified
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