Quasi-public goods
What Quasi-public goods means in Economics A-Level, as defined for AQA.
Definition of Quasi-public goods
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Read the wording for your board, then hide it and explain Quasi-public goods in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Goods such as television broadcasting that technological change has made excludable, transforming them from public goods and allowing markets to function.
Topics that use Quasi-public goods
- 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 good
- Technological change
Using Quasi-public goods in the exam
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