Question

Which of the following are characteristics of public goods?

Choose one or more:

A. Public goods generally have a small value to society.

B. The quality of public goods does not diminish when multiple people consume them.

C. There is usually no way to exclude people from consuming a public good, even if they refuse to pay for it.

D. Individuals have an incentive not to pay for the public good, even if they receive benefits from the good.