Asked by Makaylee Wright on May 19, 2024
Verified
National Public Radio would be considered a club good.
Club Good
A type of good that is excludable and non-rivalrous, meaning access can be limited by a fee or membership but one person's use does not significantly diminish availability to others.
National Public Radio
A non-profit media organization that serves as a national syndicator to a network of public radio stations in the United States.
- Identify the characteristics and examples of club goods.
Verified Answer
SN
Simran NeeruMay 23, 2024
Final Answer :
False
Explanation :
National Public Radio (NPR) is considered a public good because it is non-excludable and non-rivalrous, meaning people cannot be effectively excluded from its use and one person's use does not reduce availability to others.
Learning Objectives
- Identify the characteristics and examples of club goods.
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