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The Table Below Shows the Payoff (Profit) Matrix of Firm

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The table below shows the payoff (profit) matrix of Firm A and Firm B indicating the profit outcome that corresponds to each firm's pricing strategy (where $500 and $200 are the pricing strategies of two firms) .Table 12.2
The table below shows the payoff (profit)  matrix of Firm A and Firm B indicating the profit outcome that corresponds to each firm's pricing strategy (where $500 and $200 are the pricing strategies of two firms) .Table 12.2    -In the case of public goods, _____. A) the free rider problem does not arise B) one person's consumption of the good reduces the consumption of the good by others C) individuals can be easily excluded from consuming the good once it is provided D) the quantity produced by a private market would be too large from society's viewpoint E) the principle of mutual excludability and principle of rivalry do not apply
-In the case of public goods, _____.


A) the free rider problem does not arise
B) one person's consumption of the good reduces the consumption of the good by others
C) individuals can be easily excluded from consuming the good once it is provided
D) the quantity produced by a private market would be too large from society's viewpoint
E) the principle of mutual excludability and principle of rivalry do not apply

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