Public Goods and Common Resources Quiz
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Public Goods and Common Resources Quiz

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@SatisfyingRadium

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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

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