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      Question

      Which of the following statements is/are true about

      public goods? I. Rivalrous in consumption II. Non-excludability III. Positive marginal cost
      A Only I Correct Answer Incorrect Answer
      B Only II and III Correct Answer Incorrect Answer
      C Only I and III Correct Answer Incorrect Answer
      D Only II Correct Answer Incorrect Answer

      Solution

      The correct answer is D

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