Demand curves for pure public goods satisfy the law of demand.

Question

Quizplus · Accepted Answer

The law of demand states that as the price of a good increases, the quantity demanded of that good decreases. While pure public goods are non-excludable and non-rivalrous, meaning that they are available to everyone and one person's use of them does not diminish their availability to others, they still exhibit a downward-sloping demand curve because people's willingness to pay for them decreases as the price increases.

Demand Curves for Pure Public Goods Satisfy the Law of Demand