Practice: Label the goods as Private Goods (PRI), Common Resources (CR), Club Goods (CG), or Public Goods (PUB).
| Sections | |||
|---|---|---|---|
| Four Types of Goods and Two Characteristics | 28 mins | 0 completed | Learn |
| The Free Rider Problem and the Tragedy of the Commons | 22 mins | 0 completed | Learn |
| Public Goods: Demand Curve and Optimal Quantity | 23 mins | 0 completed | Learn |
Concept #1: Two Characteristics: Rivalry in Consumption and Excludability
Concept #2: The Four Types of Goods: Private Goods, Club Goods, Common Resources, and Public Goods
Practice: A slice of pizza is:
Practice: An example of an excludable good is:
Progress
0 of 5 completed
