Pure public goods are:
A)completely nonrivalrous and excludable.
B)rivalrous and excludable.
C)rivalrous and nonexcludable.
D)completely nonrivalrous and nonexcludable.

Question

Quizplus · Accepted Answer

Pure public goods are both nonrivalrous and nonexcludable. Nonrivalrous means that the consumption of the good by one individual does not reduce the amount available to others, and nonexcludable means that individuals cannot be excluded from consuming the good. It is impossible to charge a price or exclude someone from benefiting from a pure public good, such as national defense or public radio broadcasts. Therefore, choice D is the best answer.

Pure Public Goods Are