Public goods include all of the following except a(n)

Question

Quizplus · Accepted Answer

Public goods are defined by their non-excludability and non-rivalrous consumption. A Big Mac hamburger does not fit this definition because it is both excludable (you have to buy it to consume it) and rivalrous (once someone consumes it, it's gone). In contrast, lighthouses, highways, and air traffic control systems are examples of public goods because they are available for all to use without directly excluding anyone, and one person's use does not significantly diminish availability for others.

Public Goods Include All of the Following Except A(n)