Which of the following is the best example of a public good?
A)A museum funded by government taxes
B)All-you-can-eat buffet
C)Satellite television
D)A lighthouse

Question

Quizplus · Accepted Answer

A lighthouse is a classic example of a public good because it provides a non-excludable and non-rivalrous benefit to all ships in its vicinity. It is difficult to prevent ships from benefitting from the light and its use by one ship does not diminish its usefulness for another ship. The other options may have some public benefit, but they are not considered pure public goods because they may not be accessible or useful to everyone without exclusion or rivalry.

Which of the Following Is the Best Example of a Public