Unlike a private good, a public good
A)has no opportunity costs.
B)has benefits available to all, including nonpayers.
C)produces no positive or negative externalities.
D)is characterized by rivalry and excludability.

Question

Quizplus · Accepted Answer

Public goods are characterized by their non-excludability and non-rivalry, meaning they are available to all, including those who do not pay for them, unlike private goods which are excludable and rivalrous.

Unlike a Private Good, a Public Good