A good for which exclusion cannot be applied and for which the marginal cost of another user is zero is a _______ good.
A) private
B) free
C) market
D) public

Question

Quizplus · Accepted Answer

A public good is non-excludable, meaning it cannot be restricted to a certain group of people, and non-rivalrous, meaning that the consumption by one person does not diminish the amount available to others. Examples of public goods include national defense, street lighting, and public parks.

A Good for Which Exclusion Cannot Be Applied and for Which