Answer: Please refer to Explanation
Explanation:
Private Goods are those goods that exclusive and excludable. This means that people can be prevented from using it by the owners if the people who want to use it don't pay for it or reach an agreement with the owner.
A Public Good on the other hand is provided to every member of the public for use. They are non-excludable meaning that people can use them without having to pay a fee.
Common Resources are a mixture of both man-made and natural resources. As such, even though it is open to the public, it's use can be restricted by certain requirements such as payment.
Classifying the above,
A. Common Resource.
The Cabana is a common Resource because it is open to all members of the public and is a man-made resource on the beach which is a public good. However, one must pay to use it as well.
B. Private Good.
The SUV is your own personal property and as such is a private good whose use you can restrict from people making it exclusive and excludable.
C. Public Good.
The fountain is for everyone and no one has more right to it than others. Neither do they have to pay to view it. This makes it a Public good.
