Table: Example Goods A Watermelon A Lighthouse Smog Reduction Online Video Games Cable Internet Service National Defense A Private Beach A Public Beach A Pencil Soup Kitchen Meals A Chair Toll Highways Public Roads Reference: Ref 18-2 (Table: Example Goods) Refer to the table. Which of the following contains only nonexcludable, nonrival goods from the table?

Question

Quizplus · Accepted Answer

Nonexcludable, nonrival goods are public goods. National defense, a lighthouse, and smog reduction are all public goods because they are nonexcludable (cannot prevent people from using them) and nonrival (one person's use does not reduce availability to others).

Table: Example Goods a Watermelon a Lighthouse Smog Reduction Online