A good or service that individuals cannot be excluded from and that is not exhausted as more individuals use it is known as
A) public interest
B) public good
C)public choice
D)none of the above

Question

Quizplus · Accepted Answer

Public goods are defined by their non-excludability and non-rivalrous characteristics, meaning individuals cannot be excluded from their use, and one person's use does not reduce availability for others.

A Good or Service That Individuals Cannot Be Excluded from and That