Public Goods and Common Resources
About the Lecture
The lecture Public Goods and Common Resources by James DeNicco is from the course Principles of Microeconomics (EN). It contains the following chapters:
- A Closer Look at Goods and Resources
- Some Important Public Goods and Resources
- Recap
Included Quiz Questions
Goods that you can prevent others from using are called ______________ and goods where one’s use does not dimish another’s use are called ______________.
- excludable ; non-rival
- excludable ; rival
- non-excludable ; rival
- non-excludable ; non-rival
Which categories of goods are excludable?
- Private goods and club goods.
- Public goods and common resources.
- Private goods and common resources.
- Common resources and club goods.
Which type of good does the “Tragedy of the Commons” apply to?
- Common resources.
- Public goods.
- Private goods.
- Club goods.
Author of lecture Public Goods and Common Resources
James DeNicco
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