1.) Which of the following goods would be considered nonrivalrous?
A.) A Coexist sticker
B.) A netflix subscription
C.) A pair of TOMS shoes
D.) A cup of fair trade coffee
2.) Which of the following does NOT fit the description of a public good?
A.) AM/FM Radio
B.) The Postal Service
C.) National Defense
D.) A Lighthouse
3.) What are the two characteristics of a common good?
A.) Nonexcludable and nonrivalrous
B.) Exludable and nonrivalrous
C.) Excludable and rivalrous
D.) Nonexcludable and rivalrous