Public goods are ________ in consumption.
A) excludable but non-rival
B) non-excludable and non-rival
C) rival but non-excludable
D) excludable and rival

Question

Quizplus · Accepted Answer

Public goods are characterized by non-excludability, meaning that it is impossible or impractical to exclude anyone from enjoying the benefits of the good or service. They are also non-rival, meaning that one person's use of the good or service does not detract from another person's use. Examples of public goods include street lighting, national defense, and air quality.

Public Goods Are ________ in Consumption