An example of a public good is
A)apples on a tree in a public park.
B)insurance.
C)street lighting.
D)air travel.
E)municipal transit service.

Question

Quizplus · Accepted Answer

Street lighting is an example of a public good because it is non-excludable (once it is provided, anyone can benefit from it) and non-rivalrous (one person using the street lighting does not reduce the amount available to others). Apples on a tree, insurance, air travel, and municipal transit service are not public goods because they can be either excludable, rivalrous, or both.

An Example of a Public Good Is