Question
For each of the goods below, identify the characteristics that describe each good. Note that each good will be characterized with two characteristics. Rivalrous
For each of the goods below, identify the characteristics that describe each good. Note that each good will be characterized with two characteristics. Rivalrous is also referred to as rival in consumption. Consider only the immediate benefits and costs, not any externalities. National Defense Excludable Nonexcludable Pay per view cable TV Rivalrous A Hot Pocket sandwich Nonrivalrous Private classroom education Pajamas A unicycle
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