Write two features of public good
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hyy..So there are two important features forpublic goods- non rivalry (doesn't reduce availability for A if B consume it) and non-excludability (no one is excluded from consumption). Example for public goods are national defense,public parks, street lights, and other basic societal good ...
hope this helps !
hope this helps !
Answered by
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non rivalry -doesn’t reduce availability for A if B consume it
non-excludability -no one is excluded from consumption.
non-excludability -no one is excluded from consumption.
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