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From course:

Economics A Level

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Question:

Give some Examples of Public Goods

Author: go kys



Answer:

-Firework Displays. Fireworks are Non-Excludable - People can see the Fireworks and can’t really be Stopped for such and People can all enjoy Equally. No Cost if 1 More Person watched the Firework Display. -Street Lights. Everyone can ‘Consume’ [See the Road] the Street Light and not be stopped and more People ‘Consuming’ the Street Light will not Diminish the Benefit or Availability for others


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go kys
go kys