Goods that are non-excludable and non-rival are:
A)public goods
B)private goods
C)natural monopolies
D)common resources

Question

Quizplus · Accepted Answer

Goods that are non-excludable and non-rival are classified as public goods. Public goods are those goods or services that are provided without any cost to the general public. Public goods are non-excludable, meaning that individuals cannot be excluded from enjoying the benefits of the goods once they are provided. They are non-rival in consumption, meaning that the consumption of the goods by one person does not reduce the availability of the goods to others. Examples of public goods include street lighting, national defense, and public sanitation.

Goods That Are Non-Excludable and Non-Rival Are