Public goods and services can be supplied in the market because they are easily divisible into small units and can be priced to the individual demander.

Question

Quizplus · Accepted Answer

Public goods and services are non-excludable and non-rivalrous, meaning that they cannot be easily divided into small units and it is difficult to charge individuals for their use. As a result, they are typically provided by the government rather than the market.

Public Goods and Services Can Be Supplied in the Market