Which of the following are considered public goods?
A) houses
B) food and clothing
C) maintenance of highways
D) personal computers

Question

Quizplus · Accepted Answer

Public goods are goods or services that are non-excludable and non-rivalrous in consumption, meaning that they cannot be withheld from anyone and that one person's consumption of the good does not diminish the amount available to others. Maintenance of highways fits this definition, as anyone can use the highway without being excluded and the use of the highway by one person does not diminish its usefulness to others. Houses, food and clothing, and personal computers are all excludable and/or rivalrous, and therefore not considered public goods.

Which of the Following Are Considered Public Goods