Which of the following would be classified as a public good?
A) state lotteries
B) telephone service
C) Internet service subscription
D) police protection

Question

Quizplus · Accepted Answer

Public goods are non-excludable and non-rivalrous, meaning that individuals cannot be excluded from their benefits and consumption by one individual does not reduce the availability for others. Police protection fits these characteristics as it provides safety and security to the entire community and individuals cannot opt-out of its benefits. State lotteries may be considered a public good in some cases, but they are not universally accessible and are often funded through taxes or fees. Telephone and Internet services are excludable and rivalrous, as individuals can be denied access if they do not pay for the service and consumption by one individual can reduce availability for others.

Which of the Following Would Be Classified as a Public