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Business, 06.05.2020 01:58 john092103

For each of the goods, identify the characteristics that describe each good. Note that each good will be described with two characteristics. Rivalrous is also referred to as rival in consumption. Consider only the immediate benefits and costs, not any externalities. national defense Pay-Per-View cable television a Hot Pocket sandwich private classroom education pajamas a unicycle.

Good:

National Defense:
Pay per view cable TV:
A Hot Pocket sandwich:
Private classroom education:
Pajamas:
A unicycle:

Characteristics:
Excludable
Non-excludable
Rivalrous
Non-rivalrous

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Answers: 2

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