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Public goods


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AQA, Aquinas, Economics, ECON1, Markets, Market Failure

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Public goods

  1. 1. ECON1 WWW.AQUINASECONOMICSAS.CO.UK @AQUINASECONOMIC Public Goods Answer all the questions below 1. Define the term public good 2. Give appropriate examples of public goods 3. Explain the concept of the free rider problem 4. What is meant by quasi public goods