Free parking spots in a crowded tourist town are ______ goods. A. public b. club c....

Free parking spots in a crowded tourist town are ______ goods.

A. public

b. club

c. private

d. common

Expert Solution

The right answer is option B, that is, Club. As club goods are those goods which are non-rivalrous and excludable, therefore, we can say that free parking spots are available to everyone (non-rivalrous) to freely use but with each additional use the availability of free parking spots available to others decreases which is known as excludable.

Rahul Sunny answered 2 years ago

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