Solved

Describe the Difference Between Each of the Following Three Pairs

Question 224

Essay

Describe the difference between each of the following three pairs of goods or services according to whether they are excludable or nonexcludable and rival or nonrival.
a.
a city police department and a commercial security system
b.
movies on HBO and movies on PBS (Public Broadcasting Service)
c.
fish in the ocean and fish in a fish farm

Correct Answer:

verifed

Verified

a. A city police department is nonexclud...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents