Multiple Choice
If no one can be excluded from receiving the benefits of a good or service and the consumption of the good or service does not decrease the amount available to someone else from consuming it,then the good
A) is a private good.
B) is a common resource.
C) is a public good.
D) is a natural monopoly.
E) Both answers B and C are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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