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
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.
National Defense
Cable Television
Canine Rabies Shots
Electric Power
Fish in the Ocean
A college Education
Public Toll Roads and Bridges
Auto Airbags
Health Care
Congested NonToll Roads
Potato Chips (The calorie that comes from eating a SINGLE CHIP)
The St. Lawrence Seaway
National Forest Campgrounds
The environment
Street Lights
A Private Amusement Park
A Haircut
Police and Fire Protection
Spraying for Mosquitoes at the local park
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)