Firstly, Sir is club goods and Common resource a kind of quasi public goods ?
Bcoz Highway toll tax is both club & quasi right ?
& fisheries is both common resource & quasi right ?
Secondly, for quasi public goods can we write the content from the picture given below in our exams ?
Second question— U need to strictly follow institute ka material. The material of the institute is the most reliable.
Ok sir. But can you pls check if the explanation is correct or not in the picture ?
Club goods are non-rivalrous, so they’re not in danger of being used up or defiled by one or more person’s use, up until the point where continued use causes the use of the goods to become congested. However, they are excludable, which means that people can be denied access to them or use of them.
On the other hand, public goods are both non-excludable and non-rivalrous. This means that
Fisheries is an example of common resources..
I feel u are making things complicated unnecessarily, pls refer the class notes.