Question
For each of the following goods, decide whether they are rival and whether they are excludable. Explain your answer a. A free public lecture at
For each of the following goods, decide whether they are rival and whether they are excludable. Explain your answer
a. A free public lecture at a university held in a lecture hall.
b. A public park.
c. A forest used by local people to collect firewood.
d. Seats in Broadway to watch a musical.
e. Citi Bikes available for the public in NYC to hire and travel around the city
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
