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Welcome to the Q&A for ECN/APEC 2010, where you can ask questions and receive answers from your fellow students, the TA, and your professor.

Please only ask questions about the material for the course. Try to create discussions about the material we see in class, instead of just thinking of economics in general (this is an introduction to microeconomics class, not a policy or government class).

For questions and discussions about course organization or other course related topics, come see us after class or during office hours.

Feel free to discuss quiz questions on the Q&A, but do not provide direct answers to quiz questions before the quiz's due date.

Examples of the types of goods.

–1 vote
15 views
i know in the texbook there are examples on page 355 of all the rival and nonrival excludible and nonexcludible goods. What are other good examples of nonexcludable and nonrival goods?
asked May 1 by canvas-98fa74eec54bd (240 points)

3 Answers

0 votes
Mosquito defense, national defense and things like a fireworks display where adding additional people doesn't effect the cost to produce.
answered May 1 by canvas-1ad866c711d22 (120 points)
0 votes
A public good is nonexcludable and nonrival. An example would be asteroid deflection.
answered May 1 by canvas-0beab539b2710 (387 points)
0 votes
The text includes: National Defense, as well they talk about the concept of asteroid deflection and how everyone would benefit and yet hardly anyone pays.
answered May 1 by canvas-23d18cde7cf42 (265 points)
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