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