Multiple Choice
Stewart is a lobsterman. His traps are
A) private goods and the lobster he catches are common resources.
B) private goods and the lobster he catches are public goods.
C) rival in consumption and the lobster he catches are not rival in consumption.
D) not rival in consumption and the lobster he catches are not rival in consumption.
Correct Answer:
Verified
Correct Answer:
Verified
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