MCQOPTIONS
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| 1. |
Public goods have two criteria, one of which is non-excludability. What does that mean? |
| A. | it is not possible to exclude individuals from consumption. |
| B. | it is not possible to produce them without externalities |
| C. | consumption by one does not affect consumption of others |
| D. | a and c. |
| Answer» E. | |