6. Classify the following good as either: (1) private good, (2) club good, (3) common resource, (4) pure public good. Briefly explain your answer to each. A swimming pool at the UP College of Human Kinetics b. The People's Television Network, a government-owned broadcaster Isaw at Mang Larry's

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter1: What Economics Is About
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Problem 10QP
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Classify the following good as either: (1) private good, (2) club good, (3) common
resource, (4) pure public good. Briefly explain your answer to each.
A swimming pool at the UP College of Human Kinetics
a.
b.
C.
d.
The People's Television Network, a government-owned broadcaster
Isaw at Mang Larry's
Circumferential Road 5 (C-5 Road)
Transcribed Image Text:Classify the following good as either: (1) private good, (2) club good, (3) common resource, (4) pure public good. Briefly explain your answer to each. A swimming pool at the UP College of Human Kinetics a. b. C. d. The People's Television Network, a government-owned broadcaster Isaw at Mang Larry's Circumferential Road 5 (C-5 Road)
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