Categorize the characteristics into the 4 types of goods. Remember, each characteristic applies to more than 1 type of good
Exclusion
Rivalry
Shared Consumption
NonExclusion
Nonshared Consumption
Nonrivalry
Toll Good/Natural Monopoly
Public Good
Pure Private Good
Common Resource
Please sort these goods and services into the 4 types of goods and services.
Public Toll Roads and Bridges
A Haircut
Electric Power
National Forest Campgrounds
A college Education
Health Care
Police and Fire Protection
Auto Airbags
Cable Television
The St. Lawrence Seaway
National Defense
Street Lights
Congested NonToll Roads
The environment
A Private Amusement Park
Spraying for Mosquitoes at the local park
Potato Chips (The calorie that comes from eating a SINGLE CHIP)
Fish in the Ocean
Canine Rabies Shots
Toll Good/Natural Monopoly (Excludable & Not Rival so Shared)
Public Good (Not Excludable & Not Rival so Shared)
Pure Private Good (Excludable & Rival so Not Shared)
Common Resource (Not Excludable & Rival so Not Shared)