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Goods & Services - Coggle Diagram
Goods & Services
Public Goods
Non- Excludable
Quantity of consumption
Non-Rival
Qualityt of consumption
Private Goods
Excludable
Rival
Free Goods
Available in large quantities
No production process
Quasi-Public Goods
Non-excludable
Rival
Merit Goods
Positive externalities
Less absences, more productivity, less healthcare over consumption
Demerit Goods
Negative externalities
