Public Goods versus Private Goods
Автор: econhelp
Загружено: 2023-04-05
Просмотров: 1725
Описание:
Hi everyone in this video I'm going to be discussing the difference between public and private goods. Public goods are what we call non rivalrous and non excludable. Private goods on the other hand are both rivalrous and excludable. In the video I explain the difference between these concepts and give examples.
0:00 Intro
0:17 Non-Rivalrous
0:43 Non-Excludable
2:12 Rivalrous
2:48 Excludable
3:59 Why this matters
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