Public goods are products or services that are non-excludable, meaning that once they are provided, no one can be excluded from benefiting from them. They are also non-rivalrous, meaning that one person's use of the good or service does not diminish another person's use. Public goods are typically provided by the government and citizens are entitled to them without payment, making option B the correct choice.

Solved

Public Goods Are

Question 4

Multiple Choice

Public goods are

A) products or services that are produced by citizens.
B) products or services to which the citizens are entitled without payment
C) products or services bought with government funds.
D) products or services produced by government workers.
E) products or services produced in an industry that is regulated by the government.

Correct Answer: