asked 202k views
5 votes
Which of the following goods is both nonrival and nonexcludable?

A tuna in the ocean
A hot dog at a hot dog stand
The light from a lighthouse at a harbor entrance
A soccer match in a stadium

asked
User Shmeeps
by
7.7k points

1 Answer

4 votes

Answer: The light from a lighthouse at a harbor entrance

Step-by-step explanation:

Non-rival and non-excludable commodities lie under Pure Public Goods which means that consumption of these goods by an individual doesn't change the supply or demand for other individuals i.e. non-rival and the individual is not excluded from the consumption of this good. Hence, the light from a lighthouse is non-rivalrous and non-excludable.

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