Economics · Public Goods
Which of the following is an INCORRECT statement concerning public goods?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Public goods are non-excludable in nature.
- 2It is not easy to collect fees for public goods from every individual.
- 3Consumption of public goods by people is rivalrous in nature.✓
- 4Usually, public goods are provided by the government.
Correct answer
Consumption of public goods by people is rivalrous in nature.
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