Which of the following about public goods is true?
A) Consumption of a public good by one individual reduces the availability of the good for others.
B) It is extremely difficult to limit the benefits of a public good to only the people who pay for it.
C) Public goods are free to a society when they are produced by the government.
D) From an efficiency standpoint, a market will generally supply too much of a public good.

Question

Quizplus · Accepted Answer

Public goods are non-excludable, meaning it's difficult to prevent non-payers from benefiting from them, which makes it hard to limit their benefits to only those who pay.

Which of the Following About Public Goods Is True