Rank the following goods in terms of the degree to which they are nonrival and nonexcludable.  In terms of rivalry, answer the question “does the consumption of a shared good by one person decrease the consumption of others?”  For excludability answer the question “how difficult would it be for us to exclude those who are not willing to pay for the good?”

 

 

A.    not rival at all

B.    somewhat rival

C.    completely rival

 

 

D.    not excludable at all

E.     somewhat excludable

F.     completely excludable

 

1.   Public Graffiti Art

2.   Art Exhibit in a Museum

3.   Sunshine

4.   Transport across a bridge

5.   Amusement Park (such as Disney, Six Flags)

6.   A lighthouse