Which of the following is a characteristic of a public good?
A. Excludable but non-rivalrous
B. Non-excludable but rivalrous
C. Non-excludable and non-rivalrous
D. Excludable and rivalrous
Answer: Option C
Solution (By JKSSB Mock Tests)
Public goods are non-excludable (difficult to prevent non-payers from consuming) and non-rivalrous (one person's consumption does not reduce availability for others).
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