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