Categorize the characteristics into the 4 types of goods. Remember, each characteristic applies to more than 1 type of good
Exclusion
Nonrivalry
Rivalry
NonExclusion
Nonshared Consumption
Shared Consumption
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.
The environment
A college Education
Health Care
Auto Airbags
Electric Power
National Defense
Street Lights
Cable Television
A Haircut
A Private Amusement Park
Congested NonToll Roads
Canine Rabies Shots
Police and Fire Protection
National Forest Campgrounds
Fish in the Ocean
Spraying for Mosquitoes at the local park
Potato Chips (The calorie that comes from eating a SINGLE CHIP)
The St. Lawrence Seaway
Public Toll Roads and Bridges
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)