The air we breathe is an example of a
A)private good.
B)negative externality.
C)material good.
D)mass-produced good.
E)collective good.

Question

Quizplus · Accepted Answer

The air we breathe is a collective good as it cannot be easily divided or withheld from anyone in society. It is also a public good as it is non-excludable, meaning that it cannot be restricted to only some individuals or groups.

The Air We Breathe Is an Example of a