Chapter 4: Public Goods 41 Overhauled question Put the following into a 2 x 2 ta

Question

Chapter 4: Public Goods 41 Overhauled question Put the following into a 2 x 2 taxonomy according to the two characteristics of excludability nonexcludability and rivalrous consumption nonrivalrous consumption. That is, which of the following do you consider as Private goods, Club goods, Common resources, or Public goods? a Municipal water supply (4-1b, Rosen (2005), 7h edition) b) Satellite television (4-1b, Rosen and Gayer (2008), sh edition) d) Public television programs (4-1d, Rosen (2005), 7th edition) American buffalo /bison once roaming the North American plains.

Explanation / Answer

Satellite Television

(Private Good)

Municipal water supply

(Common Resoucre)

American buffalo/bison once roaming

the North Amercian Plains

(Club Good)

Public Television Programs

(Public Good)

Excludable Non-Excludable Rival

Satellite Television

(Private Good)

Municipal water supply

(Common Resoucre)

Non-Rival

American buffalo/bison once roaming

the North Amercian Plains

(Club Good)

Public Television Programs

(Public Good)

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.