____ are goods that are available free to all consumers once they are produced.

Question

Quizplus · Accepted Answer

Public goods are goods that are non-excludable, meaning that it is difficult to prevent someone from enjoying the benefits of the good once it is produced, and non-rivalrous, meaning that consumption of the good by one individual does not reduce the amount available to others. These goods are typically provided by government or non-profit organizations because they are not profitable for private companies to produce. Examples of public goods include national defense, clean air and water, and public parks.

____ Are Goods That Are Available Free to All Consumers