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Four Types of Goods and Two Characteristics
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Problem 10
Four Types of Goods and Two Characteristics
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8. The Types of Goods / Four Types of Goods and Two Characteristics / Problem 10
Problem 10
What is a potential downside of club goods being artificially scarce?
A
They may limit access to essential services for those who cannot pay.
B
They are non-rival and non-excludable.
C
They lead to overconsumption and depletion of resources.
D
They are always provided efficiently by the market.
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