A defining attribute of a public good is that:
A)to consume this good,consumers must reduce consumption of other goods.
B)consumers can easily enforce ownership rights over such goods.
C)it is not possible to exclude people from the enjoyment of this good.
D)the consumption by one person influences the consumption of others.

Question

Quizplus · Accepted Answer

A defining attribute of a public good is that it is difficult or impossible to exclude people from the enjoyment of this good. This means that once the good is provided, it is available for anyone to use, regardless of whether they have paid for it or not. Examples of public goods include clean air, national defense, and public parks.

A Defining Attribute of a Public Good Is That