1
answer
0
watching
184
views
18 Aug 2020
Common resources differ from public goods in that
A) unlike public goods, common resources are rival in consumption.
B) common resources are resources that cannot be renewed, but the production of public goods can be increased at any time.
C) common resources are collectively owned by a group of people while public goods are government-owned.
D) common resources are non-excludable while public goods are excludable to those who do not pay for the good.
Common resources differ from public goods in that
A) unlike public goods, common resources are rival in consumption.
B) common resources are resources that cannot be renewed, but the production of public goods can be increased at any time.
C) common resources are collectively owned by a group of people while public goods are government-owned.
D) common resources are non-excludable while public goods are excludable to those who do not pay for the good.
1
answer
0
watching
184
views
For unlimited access to Homework Help, a Homework+ subscription is required.
Samantha BalandoLv7
6 Oct 2020