What characteristics do public goods and common resources have in common
A)Both goods are nonexcludable.
B)Both goods are excludable.
C)Both goods are rival in consumption.
D)Both goods are nonrival in consumption.

Question

Quizplus · Accepted Answer

Both public goods and common resources are nonexcludable, meaning that once the good or resource is provided, it is difficult or impossible to prevent individuals from using it. This creates the issue of the free rider problem, where individuals can benefit from the good or resource without paying for it.

What Characteristics Do Public Goods and Common Resources Have in Common