Goods that are nonrival and nonexcludable are called
A) external goods.
B) public goods.
C) private goods.
D) free goods.

Name: Goods that are nonrival and nonexcludable are called A) external goods. B) public goods. C) private goods. D) free goods.
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Question

Quizplus · Accepted Answer

Public goods are nonrival and nonexcludable, meaning that they can be enjoyed by multiple people at the same time and that it is difficult to exclude people from enjoying them.

Goods That Are Nonrival and Nonexcludable Are Called