Question: For each of the following examples, discuss whether it is a private good, a public good, a common property resource, or an artificially scarce good. Note that some examples may be considered more than one type of good.
a. Seats in a movie theater
b. Traffic lights
c. A lake on private land
d. A lake on public land
e. Cars owned by a car rental company
f. The water in a currently pure river, which can be used for drinking water as well as waste disposal
g. A hospital that provides free health care to lowincome households.