3. The costs or benefits of a market activity that affect a third party are called...
3.
The costs or benefits of a market activity that affect a third party are called
a.internal costs.
b.public goods.
c.club goods.
d.externalities.
e.common-resource goods.
8.
Club goods are
a.nonrival, like public goods, and excludable, like private goods.
b.rival, like common-resource goods, and nonexcludable, like private goods.
c.rival, like private goods, and nonexcludable, like public goods.
d.nonrival, like common-resource goods, and excludable, like public goods.
e.nonrival, like private goods, and excludable, like common-resource goods.
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