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Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406

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BuyFindarrow_forward

Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406
Textbook Problem

Give an example, other than a movie in a movie theater or a play in a theater, of a good that is nonrivalrous and excludable.

To determine

An example of a good that is non-rival in consumption and excludable.

Explanation

A good that is characterized by its non-rivalry in consumption and excludable is known as a club good. Under this type of good, the consumer has to ...

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