Explain concept of public good.
Answers
Answered by
1
pds system and ration shop
madhu1431:
one think you can love me or not
you tell when you can chat
tell me
but pls do not call
tell me you are loving me or not
no i cannot love you , any time there is no time fixed
no babaa
why reason
you never chat with me
becausr when i love u then my concentration eill be on u not on studies
Answered by
1
YOUR ANSWER...
A public good is a good that is both non-excludable and non-rivalrous in that individuals cannot be excluded from use or could be enjoyed without paying for it, and where use by one individual does not reduce availability to others or thegoods can be effectively consumed simultaneously by more than one person.
FOR EXAMPLE:
fresh air,knowledge
A public good is a good that is both non-excludable and non-rivalrous in that individuals cannot be excluded from use or could be enjoyed without paying for it, and where use by one individual does not reduce availability to others or thegoods can be effectively consumed simultaneously by more than one person.
FOR EXAMPLE:
fresh air,knowledge
Similar questions