Which is a product or benefit that can be enjoyed by anyone,regardless of whether he or she has paid for it or not,and such that its consumption by one person does not prevent its consumption by others?

Question

Quizplus · Accepted Answer

A public good is a product or benefit that can be enjoyed by anyone, regardless of whether they have paid for it or not, and its consumption by one person does not prevent its consumption by others. This is different from a private good, which is consumed only by the person who paid for it. A common good is a resource that can be depleted if overused, such as a fishery, and a club good is a product or benefit that is only available to those who have paid to join a specific club or organization.

Which Is a Product or Benefit That Can Be Enjoyed