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4.1.8.3 Public goods, private goods and quasi-public goods
Quasi-Public Good
What is a quasi-public good?
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What is a quasi-public good?:
A quasi-public good is a
private
good
that is similar to a
pure
public
good
but there is an ability to
stop
non
paying
consumers
from
using
it
What is an example of a quasi public good?
beach
What is the difference between a quasi public good and a public good?
they are
excludable