Match each of the terms on the left with its definition on the right. Click on the term first and then click on the matching definition. As you match them correctly they will move to the bottom of the activity.
nonexcludable nonrival private good public good free rider forced rider club goods common resources tragedy of the commons | When people who don’t pay cannot easily be prevented from using the good, the good is nonexcludable. Goods that are excludable and rival. Someone who consumes a public good without paying a share of the costs. Goods that are nonexcludable and nonrival. The tendency of any resource that is unowned and hence nonexcludable to be overused and undermaintained. When one person’s use of the good does not reduce the ability of another person to use the same good, the good is nonrival. Goods that are nonexcludable but rival. Goods that are excludable but nonrival. Someone who must pay a share of the costs of a public good but who does not enjoy the benefits. |