If the local government in Parksville,British Columbia,decided to put on a public Canada Day parade,how would the parade be classified
A)excludable
B)rival in consumption
C)a public good
D)a common resource

Question

Quizplus · Accepted Answer

A Canada Day parade would be a public good as it is non-excludable, meaning that it is impossible to exclude individuals from viewing the parade without significant cost or effort. Additionally, it is non-rival in consumption as one person's enjoyment of the parade doesn't negatively impact another person's enjoyment.

If the Local Government in Parksville,British Columbia,decided to Put on a Public