Chapter 16 - Public Goods and Public Choice

Natural monopolies

Natural monopolies

________ can be given by the private sector, such as a private golf course, or by the government, such as a municipal golf facility.

migratory games

In the ocean, fish are rivals in the sense that once one is caught, it is no longer available for others to catch; the same is true for ________ such as geese.

Nonprofit organizations

________ occasionally provide public services, which they fund with donations and other financial resources.

nonexclusive goods

Products are categorized as rival or nonrival across the top, while exclusive or ________ are classed along the left margin.

Television transmissions

________ are unparalleled in terms of usage.

Nonprofit organizations

________ occasionally provide public benefits, which they support through donations and other forms of money.