Which of the following is not a characteristic of a public good?
A) It is nonexcludable.
B) It is not diminished or depreciated as additional people consume the good.
C) Its benefits cannot be withheld from anyone.
D) Because it is a free good, there is no opportunity cost.

Question

Quizplus · Accepted Answer

Public goods are not free goods, as they often require resources to produce and provide. The other three characteristics listed (nonexcludable, non-diminishable, and non-rivalrous) are typically associated with public goods.

Which of the Following Is Not a Characteristic of a Public