Public Goods

Front

Which of the following is NOT an example of a public good?
Fireworks display, National Defense, Public transportation, Lighthouse

Back

Public transportation

Front

Which of the following is an example of a private good? School WiFi, Park bench, Netflix, Apples

Back

Apples

Front

A good that is non-rival but excludable is considered a:

Back

Club Good

Front

A good that is rival but non-excludable will be a:

Back

Common good

Front

Goods that lack a price tend to result in a market failure. The market failure can be attributed to a lack of: Rivalry, Equity, Excludability, None of the above

Back

Excludability

Front

Common goods are:

Back

rival, non excludable

Front

What type of good is it? Options: Public, Common, Club, Private

Back

Public

Front

What type of good is it? Options: Public, Club, Common, Private

Back

Public

Front

What type of good is it? Options: Private, Club, Common, Public

Back

Private

Front

What type of good is it? Options: Private, Club, Common, Public

Back

Club