Economics · Public Goods
Which of the following best characterises a pure public good according to Samuelson (1954)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rival in consumption but non-excludable
- 2Non-rival in consumption but excludable
- 3Non-rival in consumption and non-excludable✓
- 4Rival in consumption and excludable
Correct answer
Non-rival in consumption and non-excludable
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