At the local park there is a playground for children to use. While anyone is allowed to use the playground, it is often very busy, reducing the enjoyment of many of the children who use it. The playground is a
A)private good.
B)club good.
C)common resource.
D)public good.

Question

Quizplus · Accepted Answer

The playground is a common resource because it is non-excludable (anyone can use it) but rivalrous (its use by many reduces enjoyment for others).

At the Local Park There Is a Playground for Children