Question

A public good is a good that is ________, and thus is difficult for market producers to sell to individual consumers.
a. excludable and rivalrous
b. nonexcludable and nonrivalrous
c. excludable or rivalrous
d. unexcludable or unrivaled

Answer 1

Answer:

B. Nonexcludable and nonrivalrous

Explanation:

A public good is basically non-profit goods that can be used by anyone either by the government, organization or an individual.