Which of the following is a trait shared by all public goods?
Question 10b of 10 - Types of goods
- Maximum Attempts: 1
- Question Type: Multiple Choice
- Maximum Score: 2
- Question: Which of the following is a trait shared by all public goods?
- Rivalry among consumers.
- An elastic demand.
- A free-rider problem.
- The ability to exclude people.
The correct answer is: A free-rider problem. Public goods are non-excludable, so there is always the possibility of free riders.
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