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If the government provides every citizen a hula-hoop then it follows that in economic terms:

A. hula hoops are a semi-public good as they are non rival but excludable

B. hula hoops are a semi-public good as they are rival but non-excludable

C. hula hoops are a private good as they are rival and excludable

D. hula hoops are a public good as they are non rival and non excludable

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91389070

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