Question

Which of the following goods are
characterised by non-rivalry and
non-excludability?
O Merit goods
O Public goods
O Private goods
O Agricultural goods
Dollution is an eyamole of​

Answer 1

Explanation:

public good is often (though not always) under-provided in a free market because its characteristics of non-rivalry and non-excludability mean there is an incentive not to pay. In a free market, firms may not provide the good as they have difficulty charging people for their use.