An example of a public good is:
A)an outdoor fireworks display.
B)a cake.
C)a personal computer.
D)a DVD player.

Question

Quizplus · Accepted Answer

A public good is defined as a good or service that is available for everyone to use and enjoy, regardless of whether they contribute to its production. An outdoor fireworks display fits this definition because it can be enjoyed by everyone in the surrounding area, regardless of whether they paid for it or not. A cake, personal computer, and DVD player are not public goods as they are either rivalrous (the consumption of one person reduces the availability to others) or excludable (can be restricted from being used by some).

An Example of a Public Good Is