Which of the following is not a public good?
A) flood control provision
B) police protection
C) a lighthouse
D) postal services

Question

Quizplus · Accepted Answer

Postal services are not considered a public good as they are a service that can be provided by the private sector and individuals can exclude themselves from using this service by choosing alternative methods such as email or private courier services. Public goods, on the other hand, are goods or services that are non-excludable and non-rivalrous in nature, meaning that one person's use of the good does not diminish or limit the availability of the good for others to use, and it is difficult to prevent people from using the good. Examples of public goods include flood control, police protection, and lighthouses.

Which of the Following Is Not a Public Good