Question:
Classify each of the following goods using these terms: nonrival, non-excludable, private good, club good, public good, and common resource.
a. Hamburger
b. Lighthouse
c. Flood control
d. Swimming pool
e. Park
f. Broadcast television
g. Cellular telephone service
h. Computer software
Answer:
I’m sourav, from Kolkata. A tech lover and love to answer any tech-related queries. I just try answering all questions like my problem.