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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?
  • Answers:
  1. Rivalry among consumers.
  2. An elastic demand.
  3. A free-rider problem.
  4. 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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