Principles of Microeconomics, 7th Edition

Published by South-Western College
ISBN 10: 128516590X
ISBN 13: 978-1-28516-590-5

Chapter 11 - Part IV - Public Goods and Common Resources - Quick Check Multiple Choice: 1

Answer

A

Work Step by Step

*Private goods are excludable because you could prevent somebody from using the good by increasing price of the good. *Club goods are excludable because you could prevent someone from accessing the good as well by increasing the price of cable tv for instance.
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