190 views
2 votes
When one person's consumption does not take away from another person's consumption of a good, that good is called a(n) ______________________________.

User Kameca
by
7.8k points

1 Answer

6 votes

Answer:

The amswer is "public good".

Step-by-step explanation:

A product or service which can be used by everyone at the same time, and nobody can exclude anyone, is a pure public benefit, When persons become exempt from consumption, a public good shall be exempted. It refers to the product or service to which all members of a society need access which includes police officers, national protection, and the rule of law.

User RoyBarOn
by
8.4k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.