Explain what a non-exlcudable and non-rival good is (ii) Give an example of a(n):

- excludable and rival good

- nonexcludable and rival good

- excludable and nonrival good

- non excludable and nonrival good

In each example explain why the good belongs to the given category.

(iii) Which of the four categories is called a pure public good?

Please solve this problem accurately and manually (without using chatgbt as it often makes calculation errors and Problems)

Solve each part to the problem accurately and timely.