A public good is ________and ________.

Question

Quizplus · Accepted Answer

A public good is nonexcludable, meaning that it is impossible or extremely costly to prevent someone from enjoying its benefits once it has been provided. It is also nonrival, meaning that consumption of the good by one individual does not reduce the amount available for others to consume. Option B is incorrect because if a good is excludable, it means that people can be prevented from using it if they do not pay for it or meet certain qualifications. Option C is incorrect because if a good is nonrival, it means that consumption by one individual does not reduce the amount available for others, so it cannot be simultaneously excludable. Option D is incorrect because if a good is rival, it means that consumption by one individual will reduce the amount available for others to consume.

A Public Good Is ________And ________

A Public Good Is And