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Goods & Services 4A - Coggle Diagram
Goods & Services 4A
Public Goods
Non-Excludable
Quantity of consumption
Non-Rival
Quality of consumption
Free rider problem
Private Goods
Excludable
Rival
Quasi-Public
Non-Excludable
Rival
Free Goods
Available in great quantities
No factors of production involved
No opportunity cost
Merit Goods
Positive externalities
Demerit Goods
Negative externalities
