Fireworks would be considered:
A)a common resource.
B)a private good.
C)a public good.
D)an artificially scarce good.

Name: Fireworks would be considered: A)a common resource. B)a private good. C)a public good. D)an artificially scarce good.
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

Fireworks are considered a public good because they are non-excludable (it's not feasible to exclude people from viewing them) and non-rivalrous (one person's enjoyment of the fireworks does not diminish another's ability to enjoy them as well).

Fireworks Would Be Considered