ECO200Y5 Lecture : Eco 200 Tutorial notes on the topic of public/private goods

36) When a good is nonrival and nonexcludable, it is a A) common resource (B) public good. Riccel C) private good D) natural monopoly. E) regulated good. Nonka

Which categories of goods are excludable?

A. Private goods and club goods.

B. Private goods and common resources.

C. Public goods and club goods.

D. Public goods and common resources.