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Goods can be classified by their consumption rivalry and ability to exclude non-payers.If the same unit of a good cannot be consumed by more than

Goods can be classified by their consumption rivalry and ability to exclude non-payers.If the same unit of a good cannot be consumed by more than one person at the same time, the good is rival in consumption.

ExplainFOUR (4)different types of goods based on their rivalry and excludability.Provide your explanation with examples.

20 marks essay question

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