Asked by

Estefani Garcia
on Nov 25, 2024

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Which of the following is an example of a public good?

A) a weather warning system
B) a television
C) a sofa
D) a bottle of soda

Public Good

A product or service that is made available to all members of a society, typically funded by the public sector, and is characterized by its non-excludability and non-rivalry.

Weather Warning System

A technology or protocol designed to alert the public of impending severe weather conditions.

  • Understand the definition, examples, and characteristics of public goods.
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Xaiver GarciaNov 26, 2024
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