Under which of the following scenarios would a park be considered a club good?
A) Visitors to the park must pay an admittance fee, but there are always plenty of empty picnic tables.
B) Visitors to the park must pay an admittance fee and frequently all of the picnic tables are in use.
C) Visitors can enter the park free of charge and there are always plenty of empty picnic tables.
D) Visitors can enter the park free of charge, but frequently all of the picnic tables are in use.
Correct Answer:
Verified
Q131: Pay-per-view broadcasts are
A)private goods.
B)club goods.
C)common resources.
D)public goods.
Q140: Goods that are rival in consumption but
Q337: Which of the following goods is nonrival
Q338: Which of the following goods is both
Q339: A television broadcast is an example of
Q340: Which of the following goods is rival
Q342: The Great Lakes are
A)private goods.
B)club goods.
C)common resources.
D)public
Q343: A pizza is
A)excludable and rival in consumption.
B)excludable
Q344: Because it is
A)neither excludable nor rival in
Q346: A local park filled with picnickers is
A)excludable
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