Public goods differ from private goods in that:

Question

Quizplus · Accepted Answer

Public goods are non-excludable, meaning that once they are provided or produced, their benefits cannot be denied to anyone. In contrast, private goods are excludable, meaning that their benefits can be restricted to those who pay for them or have property rights over them. Public goods are typically provided by the government because they are difficult or impossible for a private market to produce efficiently.

Public Goods Differ from Private Goods in That