What are both public goods and common resources
A)nonrival in consumption
B)both nonexcludable and nonrival in consumption
C)excludable
D)nonexcludable

Question

Quizplus · Accepted Answer

Public goods and common resources are both nonexcludable, meaning that it is difficult or impossible to prevent people from using them. However, public goods are nonrival in consumption, while common resources are rival in consumption.

What Are Both Public Goods and Common Resources