Question : Which of the following are the characteristics of public goods?
Option 1: Non-rivalrous
Option 2: Excludable
Option 3: Rivalrous
Option 4: All of the above.
Answer (1)
15th Jan, 2024
Correct Answer:
Non-rivalrous
Solution :
Non-rivalrous and Non-excludable are the characteristics of Public goods.
Non-rivalrous includes benefit of such goods are available to all.
Non-excludable involves no one can be excluded from consuming public goods.
Hence, Option A is correct.
Comments (0)
