Why is basic research a public good
A)It is difficult to exclude those who might benefit from it.
B)It is used to develop public goods.
C)It always benefits developed countries at the expense of developing countries.
D)It is a rival in consumption good.

Question

Quizplus · Accepted Answer

Basic research is a public good because it is difficult to exclude those who might benefit from it. Unlike private goods, basic research can provide benefits to many people without limiting their availability to others. Additionally, the benefits of basic research are often long-term and difficult to predict, making it difficult to charge individuals or groups for access to its benefits.

Why Is Basic Research a Public Good