Which of the following is the best example of a public good?
A)a municipal swimming pool
B)a seat on an airplane flight
C)light from a lighthouse
D)a school bus
E)a publicly owned subway system

Question

Quizplus · Accepted Answer

A public good is defined as a good that is non-excludable and non-rivalrous. Non-excludable means that it is difficult or impossible to prevent anyone from using the good, and non-rivalrous means that one person's use of the good doesn't diminish its availability for others. Light from a lighthouse is a classic example of a public good because it is difficult to prevent anyone from seeing the light and one person's viewing of the light doesn't diminish its availability for others.

Which of the Following Is the Best Example of a Public