Match List I with List II LIST I: (A) Private Goods; (B) Club Goods; (C) Common Pool Resources; (D) Public Goods LIST II: (I) Non-Rival in consumption and excludable; (II) Rival in consumption and excludable; (III) Non rival in consumption and Non-excludable; (IV) Rival in consumption and Non-excludable Choose the correct answer from the options given below:
Tap an option to check your answer.
Checking your account…
Market failure, externalities and public goods has come up 114 times in 7 exams since 2006.
This question is on Public goods and the classification of goods, part of Market failure, externalities and public goods in Microeconomics.
Goods that are non-rival and non-excludable, and the condition for providing them efficiently.
TestStop has 32 past-paper questions on this subtopic; the nearest in year are below.
Question from the CUET-PG 2023 Shift 2 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.