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A club good, such as a movie theater, is __________. non-excludable and non-rivalrous excludable and non-rivalrous non-excludable and rivalrous excludable and rivalrous

Sagot :

People often set up different establishment. A club good, such as a movie theater, is excludable and non-rivalrous.

What are club goods.

  • Club goods  is commonly referred to as an artificially scarce goods. They are a type of good in economics. They are also grouped as a subtype of public goods that are excludable but non-rivalrous.

That is these goods often reaches a point where congestion takes place. Goods here do show high excludability, and also low rivalry in consumption.

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