Which of the following is an example of a public good?
A) a DVD player
B) a cake
C) a personal computer
D) a city park

Question

Quizplus · Accepted Answer

A city park is an example of a public good as it is non-excludable and non-rivalrous. This means that everyone can access and use the park without diminishing its availability for others. Additionally, it would be difficult to charge individuals for the use of the park, making it a classic example of a public good. The other options (DVD player, cake, personal computer) are not public goods as they are excludable (the owner can prevent others from using them) and/or rivalrous (use by one person diminishes availability for others).

Which of the Following Is an Example of a Public