3. Indicate whether the following are private goods, club goods, common-resource goods, or public goods: a. A bacon double cheeseburger b. An NHL hockey game between the Detroit Red Wings and Boston Bruins c. A Fourth of July fireworks show d. A swimming pool

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter11: Public Goods And Common Resources
Section: Chapter Questions
Problem 2CQQ
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3. Indicate whether the following are private goods,
club goods, common-resource goods, or public
goods:
a. A bacon double cheeseburger
b. An NHL hockey game between the Detroit Red
Wings and Boston Bruins
c. A Fourth of July fireworks show
d. A swimming pool
e. a vaccination for the flu
f. streetlights
←
+
00
8
Transcribed Image Text:3. Indicate whether the following are private goods, club goods, common-resource goods, or public goods: a. A bacon double cheeseburger b. An NHL hockey game between the Detroit Red Wings and Boston Bruins c. A Fourth of July fireworks show d. A swimming pool e. a vaccination for the flu f. streetlights ← + 00 8
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