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    State Whether Each of the Following Goods and Services Is
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State Whether Each of the Following Goods and Services Is

Question 182

Question 182

Essay

State whether each of the following goods and services is nonrival, nonexcludable or both:
a.A toll road
b.A public park
c.A lighthouse
d.An art museum
e.A radio broadcast of "A Prairie Home Companion"

Correct Answer:

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a.Nonrival, although rivalry could exist...

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