A public good:
A)generally results in substantial negative externalities.
B)can never be provided by a nongovernmental organization.
C)can't be provided to one person without making it available to others as well.
D)costs essentially nothing to produce and thus is provided by the government at a zero price.

Question

Quizplus · Accepted Answer

A public good is a good or service that is non-excludable, meaning that it cannot be provided to one person without being available to others as well. For example, national defense is a public good because it benefits everyone within the country and cannot be exclusively provided to any single person or group.

A Public Good