A public good
A) can only be consumed by one person at a time.
B) can be consumed simultaneously by many people.
C) is any good provided by a company owned by a member of the public.
D) is any good provided by government.
E) is both rival and excludable.

Question

Quizplus · Accepted Answer

A public good is a good that can be consumed simultaneously by many people without diminishing its value. Examples include street lighting, national defense, and public parks. Therefore, option B is the correct choice.

A Public Good