Which of the following could not be described as public or quasi-public good?
A) small businesses
B) a lighthouse
C)homeland security
D)public education

Question

Quizplus · Accepted Answer

Small businesses are typically private entities that operate for profit and do not exhibit the non-excludable and non-rivalrous characteristics of public or quasi-public goods. Public or quasi-public goods are accessible to all members of a society, often without direct payment, such as a lighthouse, homeland security, and public education, which benefit the general public and whose use by one individual does not diminish availability to others.

Which of the Following Could Not Be Described as Public