A public good
A)can be profitably produced by private firms.
B)is characterized by rivalry and excludability.
C)produces no positive or negative externalities.
D)is available to all and cannot be denied to anyone.

Question

Quizplus · Accepted Answer

Public goods are defined by their non-rivalrous and non-excludable nature, meaning that one person's consumption of the good does not reduce its availability to others, and no one can be effectively excluded from using the good.

A Public Good