asked 15.8k views
1 vote
Rival is Consumption

Yes No
Excludable Yes A B
No C D

Emma's use of good x does not affect anyone else's use of good x. Neither Emma nor anyone else can be prevented from using the good. Good x is an example of the type of good that belongs in:________

a. Box D, which represents public goods.
b. Box B, which represents common resources.
c. Box C, which represents common resources.
d. Box A, which represents private goods.

asked
User Rjbez
by
7.9k points

1 Answer

4 votes

Answer: A. Box D, which represents public goods.

Step-by-step explanation:

A public good is referred to as a good that possesses two main characteristics which are non-rivalrous and non-excludable.

This simply means that individuals nobody can be excluded from using a public good and.itsuse by one individual doesn't affect others from using it too.

Since Emma's use of good x does not affect anyone else's use of good x and neither Emma nor anyone else can be prevented from using the good, then it's a public good.

answered
User Michele Lacorte
by
8.6k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.