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Public Goods and Common Resources Quiz

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Questions and Answers

Which type of good is a crowded non-toll road?

Public good

Natural monopoly

Private good

Common resource (correct)

What kind of good is an uncrowded toll road?

Private good (correct)

Public good

Common resource

Natural monopoly

In the context of goods classification, what would national defense be considered as?

Common resource

Natural monopoly

Private good

Public good (correct)

Which type of good is an MP3 file of Coldplay’s latest hit song?

<p>Private good</p> Signup and view all the answers

What kind of good is a fish in the ocean?

<p>Common resource</p> Signup and view all the answers

Public Goods and Common Resources Quiz

Choose a study mode

Podcast

Questions and Answers

Which type of good is a crowded non-toll road?

What kind of good is an uncrowded toll road?

In the context of goods classification, what would national defense be considered as?

Which type of good is an MP3 file of Coldplay’s latest hit song?

What kind of good is a fish in the ocean?

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Economics Chapter on Market Failure and Public Goods

Intervención del Estado en la Economía

Fallas de Mercado y Bienes Públicos

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