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Determine whether the following statements about the economics of public goods and the tragedy of the commons are true or false: Club goods are excludable
Determine whether the following statements about the economics of public goods and the tragedy of the commons are true or false: Club goods are excludable and rival. -- [ Select ] Asteroid deflection is a public good. -- [ Select ] The use of Individual Transferable Quotas (ITQs) have not been a successful policy response to overfishing in any country. -- [ Select ] Free riders are individuals who neither enjoys the benefits of a public good nor contributes to its costs. -- [ Select ] Overfishing is exclusively caused by increased demand for fish. -- [ Select ] Forced riders are individuals who do not enjoy the benefits of a public good but do contribute to its costs. -- [ Select ]
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