WBCS.LIVE practice question

Which of these is related to public goods?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. The principle of excludability is applicable to its consumption.
  2. There is a clear link between the producer and consumer which occurs through the payment process.
  3. Its consumption is rivalrous in nature.
  4. There is a possibility of free ridership in its consumption.

Correct answer and explanation

Correct answer: There is a possibility of free ridership in its consumption.