Determine whether the examples below represent non-rival or non-excludable products: A. Non-Excludable Product B. Non-Rival Product C. Both ? 1. flood control 2. duck hunting on public land 3. phone app

Determine whether the examples below represent non-rival or non-excludable products: A. Non-Excludable Product B. Non-Rival Product C. Both ? 1. flood control 2. duck hunting on public land 3. phone app

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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Determine whether the examples below represent non-rival or non-excludable products:
A. Non-Excludable Product
B. Non-Rival Product
C. Both
? ✓ 1. flood control
? ✓ 2. duck hunting on public land
3. phone app
n.

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