Which of the following is a private good, a public good, or a quasi-public good in...
Which of the following is a private good, a public good, or a
quasi-public good in Canada today?
| a. | Policing | |
| b. | Hydro electrical industry | |
| c. | Radio | |
| d. | Light house |
Homework Answers
Policing is a public good as it is non rival and non excludable, Hydro electrical industry is a quasi public goods as there is a partial excludability and partial rivalry.
radio is a pubic good. and light house is also a public good.
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