Physics · Economics in Physics

Which of the following is a key characteristic feature of public goods?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Only taxpayers can access the benefits of public goods.
2Consumption of the good by one person does not reduce its availability for another person.✓
3These goods are strictly limited in supply.
4These goods are highly rivalrous in consumption.

Correct answer

Consumption of the good by one person does not reduce its availability for another person.

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Economics in Physics?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in Physics · Economics in Physics

The arrival of which commission in India triggered widespread protests, including mass hartals across the country in 1928?

Which of the following leaders was instrumental in initiating and leading India’s struggle for independence?

Which of the following viceroys of India is associated with the 'Ilbert Bill' controversy?

Related Practice Questions