GabeKnight8
Answered

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Explain the difference between public goods and private goods.

Sagot :

gholman2022

Answer:

A pure public good is one for which consumption is non-revival and from which it is impossible to exclude a consumer. Pure public goods pose a free-rider problem. A pure private good is one for which consumption is rival and from which consumers can be excluded. A private good, by contrast, is rival.

Explanation:

 

addisonkoch101027

Answer:

A pure public good is one for which consumption is non-revival and from which it is impossible to exclude a consumer. Pure public goods pose a free-rider problem. A pure private good is one for which consumption is rival and from which consumers can be excluded. A private good, by contrast, is rival.

Explanation:

Edge 2021

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