What type of good are the given forests

Reference no: EM132179316

Question: In much of the United States and Canada, logging takes place in both privately owned and government-owned forests.

a. Are privately owned forests excludable? Are they rival? What type of good are they?

b. Suppose that anyone is legally allowed to enter a government-owned forest and start logging. What type of good are these forests?

c. Do you expect the rate of logging in government-owned forests to be faster, slower, or equal to the efficient level?

Reference no: EM132179316

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