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    Principles of Economics Study Set 3
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    Exam 11: Public Goods and Common Resources
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    The Sign on a Church in Your Neighborhood Reads "All
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The Sign on a Church in Your Neighborhood Reads "All

Question 103

Question 103

Multiple Choice

The sign on a church in your neighborhood reads "All are welcome at Sunday Service." Because the church has limited seating and is usually full,the Sunday Service is


A) a private good.
B) a public good.
C) a natural monopoly.
D) a common resource.

Correct Answer:

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