A public good is non-excludable because-08822
A public good is non-excludable because:
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Final Term - Quiz No.7.
A public good is non-excludable because:
One person's use or consumption does not reduce the ability of another to use it.
External costs are generated through its production
External benefits are generated through more consumption.
No one can be effectively excluded from using that good.