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A Good or Service That Is Rival but Nonexcludable Is

Question 114

Multiple Choice

A good or service that is rival but nonexcludable is called a ________, and a good or service that is nonrival but excludable is called a ________.


A) public good; private good
B) commons good; public good
C) commons good; collective good
D) public good; collective good

Correct Answer:

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