Economy, asked by shainy2704, 2 months ago

give two ponits of difference between private goods and public goods . with example​

Answers

Answered by atul20972
1

Answer:

A pure public good is a good or service that can be consumed simultaneously by everyone and from which no one can be excluded. ... A pure private good is one for which consumption is rival and from which consumers can be excluded. Some goods are non-excludable but are rival and some goods are non-rival but are excludable.

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