Knowledge is an example of a
A) public good.
B) private good.
C) common resource.
D) natural monopoly good.

Name: Knowledge is an example of a A) public good. B) private good. C) common resource. D) natural monopoly good.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Knowledge is non-excludable, meaning it cannot be restricted from anyone who wants to access it, and non-rivalrous, meaning consumption by one person does not reduce the amount available for others. These characteristics make it a public good.

Knowledge Is an Example of a