Match each public goods term
Exercise and reference answers
- Matching pairs
- Left
- Nonexcludable
- Right
- Non-payers cannot be kept out
- Left
- Non-rival
- Right
- One user leaves as much for all
- Left
- Free rider
- Right
- Enjoys it without paying for it
- Left
- Externality
- Right
- A benefit spilling onto others
- Left
- IP rights
- Right
- An exclusive right to an idea
- Instructions
- Tap a term on the left, then tap its meaning on the right.
Explanation
_Source: OpenStax Principles of Microeconomics for AP(R) Courses 2e (CC BY 4.0), Ch 13 'Positive Externalities and Public Goods', sections 13.1-13.4_