Which of the following is the best example of a public good?
A) a rock concert at an indoor arena
B) a laptop computer
C) a television broadcast signal
D) an economics textbook

Question

Quizplus · Accepted Answer

A television broadcast signal is a public good because it can be consumed by multiple individuals without any additional cost, and its consumption does not diminish its availability. While a rock concert may have some non-rivalry aspects, it is excludable because only those who pay for the ticket can attend. A laptop computer is a private good because it is both excludable and rivalrous. An economics textbook is a club good because it is excludable but non-rivalrous.

Which of the Following Is the Best Example of a Public