Which of the following displays these two characteristics: non-rivalry and excludability?
A)Public goods
B)Private goods
C)Quasi-public goods
D)Common resources

Question

Quizplus · Accepted Answer

Quasi-public goods have both non-rivalry and excludability characteristics. Non-rivalry means that the consumption by one individual does not reduce the availability of the good for others, and excludability means that it is possible to prevent people who have not paid for it from using it. Private goods have both characteristics, but common resources have non-excludability, and public goods have non-excludability and non-rivalry.

Which of the Following Displays These Two Characteristics: Non-Rivalry and Excludability