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    Exam 6: Market Failures and Incentive Issues Inside the Firm
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    Public Goods Are Goods That Have
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Public Goods Are Goods That Have

Question 21

Question 21

Multiple Choice

Public goods are goods that have


A) only a few low income consumers.
B) clear property right.
C) nonexcludability and nonrivalrous.
D) features that cannot be addressed by creating property rights.

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