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    Exam 4: Market Failures: Public Goods and Externalities
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    What Are the Two Characteristics That Differentiate Private Goods from Public
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What Are the Two Characteristics That Differentiate Private Goods from Public

Question 8

Question 8

Multiple Choice

What are the two characteristics that differentiate private goods from public goods?


A) Rivalry and excludability
B) Negative externality and positive externality
C) Marginal cost and marginal benefit
D) Ownership and usage

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