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Understand Public vs Private Goods in 3 Minutes | AP Micro Struggle 6.3
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AP Micro Struggle | Understand Public vs Private Goods in 3 Minutes:
In this video I talk about what a Public Good is and how it differs from a Private Good. I also talk about a Common Good and the Tragedy of the Commons. I talk about what it means for a good to be Non-Rival and Non-Excludable.
#economics #apmicro #microeconomics
In this video I talk about what a Public Good is and how it differs from a Private Good. I also talk about a Common Good and the Tragedy of the Commons. I talk about what it means for a good to be Non-Rival and Non-Excludable.
#economics #apmicro #microeconomics