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    Microeconomics Study Set 40
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    Exam 17: Public Goods and Common Resources
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    Goods That Are Nonrival in Consumption and Nonexcludable Are Referred
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Goods That Are Nonrival in Consumption and Nonexcludable Are Referred

Question 225

Question 225

Multiple Choice

Goods that are nonrival in consumption and nonexcludable are referred to as:


A) common resource goods.
B) private goods.
C) public goods.
D) normal goods.

Correct Answer:

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