Which of the following goods is the best example of a public good?
A)garbage-collection services that are provided by a municipal government
B)music that is broadcast over the airwaves by a privately-owned FM radio station
C)electricity that is provided to farmhouses by a rural electric cooperative
D)cable TV services that are provided by a privately-owned firm that is regulated by the government of the city in which it operates

Question

Quizplus · Accepted Answer

Public goods are non-excludable and non-rivalrous. Music broadcast over the airwaves is a public good because it can be accessed by anyone with a radio without reducing its availability to others.

Which of the Following Goods Is the Best Example of a Public