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8. The Types of Goods
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Problem 15
8. The Types of Goods
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8. The Types of Goods / Four Types of Goods and Two Characteristics / Problem 6
Problem 6
Why are club goods considered artificially scarce?
A
Because they are naturally limited in supply.
B
Because access is restricted through payment, despite being non-rival.
C
Because they are non-rival and non-excludable.
D
Because they are non-excludable and rival.
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