Ms. Smith is given a voucher for an apartment in a public housing project. The apartment
A) is not subject to the principle of rival consumption.
B) is not a public good.
C) has widespread benefits and concentrated costs.
D) is subject to the exclusion principle.

Question

Quizplus · Accepted Answer

An apartment in a public housing project is not a public good because it is both excludable and rival in consumption, meaning access can be restricted and one person's use diminishes availability for others.

Ms Smith Is Given a Voucher for an Apartment in a Public