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Four Types of Goods and Two Characteristics
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Four Types of Goods and Two Characteristics
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8. The Types of Goods / Four Types of Goods and Two Characteristics / Problem 2
Problem 2
What is a potential policy solution for managing common resources like clean air?
A
Allow unrestricted use to maximize individual freedom.
B
Privatize all common resources to ensure efficient use.
C
Implement a cap-and-trade system to limit pollution.
D
Subsidize polluting industries to encourage growth.
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