2. Identify each of the following goods as a nonexcludable public good, an excludable public good, or

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2. Identify each of the following goods as a nonexcludable public good, an excludable public good, or a private good:

a. Composition notebook used for writing.

b. Shakespearean play performed in a summer theater.

c. An apple.

d. Telephone service.

e. Sunshine.

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Microeconomics

ISBN: 9780324785494

9th Edition

Authors: Roger A. Arnold

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Question Posted: Nov 04, 2024 02:00 AM

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2. Identify each of the following goods as a nonexcludable public good, an excludable public good, or

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Microeconomics

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