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6 July, 16:54

Select the best definition of a public good.

a. a good that is excludable and rival in consumption

b. a good that is nonexcludable and rival in consumption

c. a good that is paid for by public funds

d. a good that is excludable and nonrival in consumption

e. a good that is nonexcludable and nonrival in consumption

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Answers (1)
  1. 6 July, 19:30
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    The correct answer is E. good that is nonexcludable and nonrival in consumption

    Explanation:

    public good is a good that is nonexcludable and nonrival in consumption
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