Asteroid deflection is an example of a:
A) private good.
B) public good.
C) common resource
D) nonrival private good.

Question

Quizplus · Accepted Answer

Asteroid deflection is a public good because its benefits are not limited to a single person or group. If an asteroid strikes Earth, it could cause massive destruction to the environment and human life. Therefore, preventing such a disaster is beneficial to everyone, making it a public good. The cost of asteroid deflection would also be shared by many, making it difficult to assign it to individuals or groups, further supporting its classification as a public good.

Asteroid Deflection Is an Example of A