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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 5
Problem 5
Which characteristic is true of public goods?
A
They are rival and non-excludable.
B
They are non-rival and non-excludable.
C
They are rival and excludable.
D
They are non-rival and excludable.
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