If you can consume a good without having to pay for it, the good must be a public good.

Name: If you can consume a good without having to pay for it, the good must be a public good.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

The statement is not entirely true as there are some goods such as common resources or club goods that may be consumed without paying for them but they are not considered public goods. Public goods have specific characteristics such as non-excludability and non-rivalry which make them unique.

If You Can Consume a Good Without Having to Pay