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Hearing the professor's footsteps, the class coming down the hall quickly pretends to be reading one of the papers.
Which of the following is misplaced in the sentence above?
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone and one person's use does not reduce availability for others.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they are available to all members of society and one person's consumption does not reduce availability for others.
Common Resources
Resources that are freely accessible to all members of a society but are subject to overuse and depletion because they are not privately owned.
Market Outcomes
The results of interactions between consumers and producers in a market, including prices, quantities of goods and services produced and consumed, and allocation of resources.
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