Economics goods

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  • Created by: martinka
  • Created on: 04-12-14 19:11
I'm public good.Can consumers be excluded from benefits if they don't pay the price?
No
1 of 5
College?
Private good
2 of 5
I'm lighthouse...Am i rival good or non-rival?
Non-rival
3 of 5
If i don't buy it i'm excluded from the benefits of that product....
Private goods
4 of 5
...........problem that accurs with the public goods?
Free rider problem
5 of 5

Other cards in this set

Card 2

Front

College?

Back

Private good

Card 3

Front

I'm lighthouse...Am i rival good or non-rival?

Back

Preview of the front of card 3

Card 4

Front

If i don't buy it i'm excluded from the benefits of that product....

Back

Preview of the front of card 4

Card 5

Front

...........problem that accurs with the public goods?

Back

Preview of the front of card 5

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