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business exam 1/2

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Question:

Role of Gov- Public Goods & Services

Author: Novice



Answer:

-Non-excludable and non-rivalrous (non-depletable) -Person who doesn't pay for good/service cannot be legally stopped. eg: streetpath, prison -Free rider problem. Unfair burden of paying of shared good/service. -Not a lot of profit made.


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Novice
Novice