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Other Fields Homework Help Economics Topic started by: Cuba on Jun 18, 2015



Title: Common pool resources differ from pure public goods in that
Post by: Cuba on Jun 18, 2015
Common pool resources differ from pure public goods in that
A) common pool resources are resources that cannot be renewed but the production of pure public goods can be increased at any time.
B) common pool resources are nonexcludable while pure public goods are excludable to those who do not pay of the good.
C) unlike pure public goods, common pool resources are rival in consumption.
D) common pool resources are collectively owned by a group of people while pure public goods are owned by the government.


Title: Re: Common pool resources differ from pure public goods in that
Post by: IloveChi on Aug 27, 2015
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Title: Re: Common pool resources differ from pure public goods in that
Post by: Cuba on Aug 31, 2015
I have a major exam next week. Thank you for taking the time to answer. Problem solved.


Title: Re: Common pool resources differ from pure public goods in that
Post by: IloveChi on Aug 31, 2015
Awesome :-]