Which of the following is the feature of public Good?
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Key points. A public good has two key characteristics: it is nonexcludable and nonrivalrous. ... Nonexcludable means that it is costly or impossible for one user to exclude others from using a good. Nonrivalrous means that when one person uses a good, it does not prevent others from using it.
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Key points. A public good has two key characteristics: it is nonexcludable and nonrivalrous. ... Nonexcludable means that it is costly or impossible for one user to exclude others from using a good. Nonrivalrous means that when one person uses a good, it does not prevent others from using it.
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