Which of the following statements is true of public goods?
A)one person's enjoyment of a public good reduces another person's enjoyment of the same good
B)people cannot be prevented from using a public good
C)all of the above are true
D)none of the above is true

Question

Quizplus · Accepted Answer

A public good is non-excludable, meaning that individuals cannot be prevented from using it. Additionally, consumption of a public good by one individual does not reduce the amount available for others to use, making it non-rivalrous. Therefore, statement A is false. Statement C cannot be true because statement A is false.

Which of the Following Statements Is True of Public Goods