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