Education at a private university is NOT a public good because it is
A) nonrival.
B) excludable.
C) both nonrival and nonexcludable.
D) None of the above answers is correct.

Question

Quizplus · Accepted Answer

Education at a private university is excludable because it is only accessible to those who can afford to pay for it. It is not a public good because it is not available to all members of the public for free and therefore does not have the characteristics of a public good, such as nonexcludability and nonrivalry.

Education at a Private University Is NOT a Public Good