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Ashley Mylhousen
 Goods with two features:
 1.) The amount consumed by one person is
unavailable to others
 2.) Nonplayers can easily be excluded
 Rival and exclusive
 Examples: car, pizza, TVs
 Goods that, once produced, are available to all,
but nonplayers are not easily excluded.
 1.) Nonrival
2.) Nonexclusive
 Examples: national defense, Centers for Disease
Control, police and fire departments.
QUASI-PUBLIC GOODS OPEN-ACCESS GOODS
 Goods that, once
produced, are available
to all, but nonplayers
are easily excluded.
 1.) Nonrival
2.) Exclusive
 Examples: TV channel
that is pay per view
 Goods that are rival in
consumption but
exclusion is costly
 1.) Rival
2.) Nonexclusive
Examples: fish in the
ocean, migratory game
RIVAL, NONRIVAL EXCLUSIVE, NONEXCLUSIVE
 Rival: Once the good is
consumed, it is
unavailable for others to
consume
 Nonrival: Once the
good is consumed, it is
still available for others
to consume
 Exclusive: Goods that
only paying costumers
can receive
 Nonexclusive: Goods
that anyone can receive.
Rival
Exclusive
Nonrival
Nonexclusive

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Private and public goods ashley m

  • 2.  Goods with two features:  1.) The amount consumed by one person is unavailable to others  2.) Nonplayers can easily be excluded  Rival and exclusive  Examples: car, pizza, TVs
  • 3.  Goods that, once produced, are available to all, but nonplayers are not easily excluded.  1.) Nonrival 2.) Nonexclusive  Examples: national defense, Centers for Disease Control, police and fire departments.
  • 4. QUASI-PUBLIC GOODS OPEN-ACCESS GOODS  Goods that, once produced, are available to all, but nonplayers are easily excluded.  1.) Nonrival 2.) Exclusive  Examples: TV channel that is pay per view  Goods that are rival in consumption but exclusion is costly  1.) Rival 2.) Nonexclusive Examples: fish in the ocean, migratory game
  • 5. RIVAL, NONRIVAL EXCLUSIVE, NONEXCLUSIVE  Rival: Once the good is consumed, it is unavailable for others to consume  Nonrival: Once the good is consumed, it is still available for others to consume  Exclusive: Goods that only paying costumers can receive  Nonexclusive: Goods that anyone can receive.