In the consumption of public goods

Question

Quizplus · Accepted Answer

In the consumption of public goods, consumers cannot be excluded because everyone in a society can benefit from the goods or services provided. Public goods are non-excludable, which means that once they are provided, no one can be prevented from using them. Examples of public goods include streetlights, national defense, and air quality. While free riders can benefit from public goods without paying for them, exclusion is not possible. The government is typically involved in providing and funding public goods.

In the Consumption of Public Goods