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    Exam 20: Public Goods and Externalities
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    The Good for Which the Characteristics of Exclusion and Rivalry
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The Good for Which the Characteristics of Exclusion and Rivalry

Question 28

Question 28

Multiple Choice

The good for which the characteristics of exclusion and rivalry in consumption do not apply is referred to as a:


A) public good.
B) common resource.
C) inferior good.
D) normal good.

Correct Answer:

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