What characteristics do public goods and common resources have in common?
A) both types of good are non-rival
B) both types of good are excludable
C) both types of good are rival
D) both types of good are non-excludable
Correct Answer:
Verified
Q65: Goods that are non-excludable and non-rival are:
A)public
Q66: When a good is not excludable but
Q67: A private beach is an example of:
A)a
Q68: A natural monopoly is:
A)provided by the government
B)excludable
Q69: If the government allows landowners to kill
Q71: Common resource goods are:
A)rival and non-excludable
B)rival and
Q72: Basic research is a public good because
Q73: Due to the externalities associated with public
Q74: The efficient provision of public goods is
Q75: The market does not provide national defence
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