Question

Which of the following statements are true in case of public goods?
(a) Public goods are non divisible.
(b) Public goods are non excludable.
(c) Whatever government purchases is called Public good.
(d) Whatever the public consumes is called public good.

• A. (C) and (D) only
• B. (A) and (B) only
• C. (A), (B) and (D) only
• D. (A), (B) and (C) only

Hint:

What defines a public good?

Answer 1

The Correct Option is B

*Public goods* possess two primary characteristics: *non-excludability*, where preventing use is not feasible, and *non-rivalry*, where one individual's consumption does not reduce its availability for others.

Hence, the correct answer is (b).