Answered>Order 331

1.) Which of the following goods would be considered nonrivalrous?

A.) A Coexist sticker

B.) A netflix subscription

C.) A pair of TOMS shoes

D.) A cup of fair trade coffee

2.) Which of the following does NOT fit the description of a public good?

A.) AM/FM Radio

B.) The Postal Service

C.) National Defense

D.) A Lighthouse

3.) What are the two characteristics of a common good?

A.) Nonexcludable and nonrivalrous

B.) Exludable and nonrivalrous

C.) Excludable and rivalrous

D.) Nonexcludable and rivalrous