Quasi-public good
What Quasi-public good means in Economics A-Level, as defined for AQA.
Definition of Quasi-public good
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Reference: AQA
A good that possesses some, but not all, characteristics of a pure public good, being partially excludable and/or partially rivalrous.
Topics that use Quasi-public good
- Public goods, private goods and quasi-public goods (AQA A-Level)
Related terms
- Capacity constraints
- Environmental market failures
- Excludability
- Free-rider problem
- Non-excludability
- Property rights
- Quasi-public goods
- Technological change
Using Quasi-public good in the exam
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