Question
For each of the following goods, make an argument (in one sentence for each) for why they are a private good, a club good, an
For each of the following goods, make an argument (in one sentence for each) for why they are a private good, a club good, an open access resource, or a pure public good. If they are somewhere in between, you may argue that too.
- public transportation
- automatic teller machine (ATM)
- lighthouse owned by a private company
- public park
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
