1 For each of the following goods or services, would you classify it as a public good,...
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1 For each of the following goods or services, would you classify it as a public good, a local public or club good or congestible good, or a private good (with or without externalities)?
Explain your choice. Could some of them fall in one or another category depending on the assignment of property rights?
• the Supreme Court
• a local magistrate’s court
• the interstate highway system
• college education
• a beach
• the stars at night viewed from outdoors
• the stars viewed at a planetarium
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