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When Comparing the Characteristics of Common Resources and Artificially Scarce

Question 85

Multiple Choice

When comparing the characteristics of common resources and artificially scarce goods,we find that:


A) they are both nonrival in consumption.
B) they are both excludable.
C) artificially scarce goods are rival in consumption (while common resources are not) and common resources are excludable (while artificially scarce goods are not) .
D) common resources are rival in consumption (while artificially scarce goods are not) and artificially scarce goods are excludable (while common resources are not) .

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