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about common-resource goods

Feb 25th, 2017
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  2. Page 261
  3. 9.4. What are the challenges of providing non-excludable goods?
  4. Fill in the blanks to complete the passage about common-resource goods.
  5. Common-resource goods are rival and also non-excludable. They represent a kind of middle ground between private goods and public goods. A typical example would be any marketable ocean-dwelling fish, since exclusion is not practical and fish stocks are depletable.
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