Question

Match the types of goods with their characteristics regarding exclusivity and rivalry. The task is to match the lettered items with the correct numbered items. Appearing below is a list of lettered items. Following that is a list of numbered items. Each numbered item is followed by a drop-down. Select the letter in the drop down that best matches the numbered item with the lettered alternatives. a. It can be exclusive or not It can be rival or not b. It is exclusive It is rival c. It is nonexcusive It is nonrival 1. Semiprivate Goods and Services a 2. Private Goods and Services a 3. Public Goods and Services

Answer 1

1. Excludability

2. Rivalry in Consumption

3. 4 Different Types of Goods

4. Private Goods

Step-by-step explanation: