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A road is which of the four kinds of goods? The answer depends on whether the road is congested or not, and whether it's
A road is which of the four kinds of goods? The answer depends on whether the road is congested or not, and whether it's a toll road or not. Consider all four cases possible. Use the underlined terms. Private good Natural monopoly Common resource Public good
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Sure lets consider each case 1 Congested Toll Road In this case the road is excludable becau...Get Instant Access to Expert-Tailored Solutions
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