The one characteristic that is not associated with a pure public good is
A) consumption of the good by one person doesn't prevent its consumption by others
B) the market produces less than the socially optimal quantity
C) no one can be excluded from consuming the good
D) the good can only be produced by the government
E) that even if one consumes more of it, there is still the same amount for others to consume

Question

Quizplus · Accepted Answer

A pure public good is defined by its non-excludability and non-rivalrous consumption, not by who produces it. Governments often produce public goods because the market may underprovide them, but there's no inherent characteristic that public goods can only be produced by the government.

The One Characteristic That Is Not Associated with a Pure