During rush hours, long lines of traffic clog the only bridge to town. This bridge is anexample of
A) market inefficiency
B) obligatory controls
C) a decreasing externality cost
D) a pure public good
E) a near public good

Question

Quizplus · Accepted Answer

A near public good is non-excludable but rivalrous, like a congested bridge where access can't be restricted but usage by one affects others.

During Rush Hours, Long Lines of Traffic Clog the Only