Economics · Public Finance
In public finance, 'Impure Public Goods' are defined as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Pure private goods that exhibit perfect excludability and rivalry
- 2Pure public goods that are completely non-rival and non-excludable
- 3Goods that satisfy conditions of public goods only to some extent or combine private and public features✓
- 4Demerit goods that are fundamentally harmful to society
Correct answer
Goods that satisfy conditions of public goods only to some extent or combine private and public features
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