Question

One person’s consumption of a __________ product does not reduce the availability of the good to others. A. private B. public C. externality D. free-rider Please select the best answer from the choices provided A B C D

Answer 1

Answer:

the answer for this is Public .

Answer 2

Consumption of a public good by one person does not affect the good's availability to others. Therefore, (B) is the correct option.

What is a Public Good?

A public good is a good that must be both nonexcludable and nonrivalrous in order to qualify as one. Due to these qualities, it is challenging for market producers to sell the goods to individual customers.

Public goods are non-rivalrous, thus when others consume them, it has no effect on people's access to them.

Therefore, (B) is the correct option.

To know more about Public Good, visit the link below:

https://brainly.com/question/14975509

#SPJ5