(Figure: Public Goods and Common Resources) Use Figure: Public Goods and Common Resources. The figure lists the type of goods that are available for consumption. Panel D depicts a good that is both nonrival in consumption and nonexcludable. Such a good would be considered a:

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A good that is both nonrival in consumption and nonexcludable is a public good. This means that anyone can consume the good without reducing its availability to others, and it is difficult to prevent someone from consuming the good. Examples include national defense and public parks.