A distinguishing feature of public goods is that:
A) the exclusion of consumers who don't pay for the goods is not possible.
B) the exclusion of consumers who don't pay for the goods is possible.
C) they create external benefits.
D) they may create external costs.

Question

Quizplus · Accepted Answer

Public goods are non-excludable, meaning that once they are provided, it is difficult or impossible to exclude consumers from using them, regardless of whether or not they have paid for them. Exclusion is not possible in the case of public goods.

A Distinguishing Feature of Public Goods Is That