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21 May, 18:08

Which of the following is an example of a quasi-public good? A) cable televisionB) organic applesC) stock of knowledge in the public domainD) crime prevention

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  1. 21 May, 18:26
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    A public good is a product or service that is available to all members within a society. This type of good is given by the government or a private individual organization without hesitation of who is allowed to use it. Roads are an example of a public good because there is no exclusion on who can drive on a public road. A private good is excludable and only certain people receive the benefits from it. A quasi-public good has characteristics of a private and public good. A. Cable television is an example of a quasi-public good. Cable TV is available to everyone but for everyone to have the TV, they have to pay for it.
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