Common Resource Goods Are Similar To

question 23

Multiple Choice

Common resource goods are similar to:

• A) public goods because they are both nonexcludable and nonrival in consumption.
• B) goods with negative externalities because not all users take into account the external costs imposed on society.
• C) private goods because they are both excludable and rival.
• D) artificially scarce goods because they are both excludable and nonrival in consumption.