Match the LIST-I with LIST-II.
List I
A. Public Good
B. Club Good
C. Common Pool resources
D. Private Good.
List II
I. Rival, non-excludable
II. Non-rival, Non exclusion
III. Rival, Excludable
IV. Non-rival, Excludable.
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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.
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Question from the CUET-PG 2026 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.