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2. {5 points} Identify whether each of the following resource categories is a public good, an open-access good, a club good or a private good?
2. {5 points} Identify whether each of the following resource categories is a public good, an open-access good, a club good or a private good? Defend your answer using the concepts of rivalness and excludability. No grade will be given without an explanation a. A herd of elephants in South Africa for ivory poachers. b. A herd of elephants in South Africa for safari tourists. c. The benefits from reductions of greenhouse gas emissions. d. Water from a town well that excludes nonresidents. e. Bottled water
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