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11: Market Failure- Public Goods and Common Resources

  • Page ID
    51378
    • Boundless
    • Boundless
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    • 11.1: Public Goods
      There are four types of goods in economics, which are defined based on excludability and rivalrousness in consumption.
    • 11.2: Common Resources
      The tragedy of the commons is the overexploitation of a common good by individual, rational actors.


    This page titled 11: Market Failure- Public Goods and Common Resources is shared under a not declared license and was authored, remixed, and/or curated by Boundless.

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