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12 January, 00:00

Type the correct answer in the box. Spell all words correctly.

Which good, once consumed by an individual doesn't reduce the ability of another individual to consume it?

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A (n)

good is a product that, once consumed by an individual, doesn't reduce the ability of another individual to consume.

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  1. 12 January, 02:43
    0
    Public goods.

    Explanation:

    Public goods are described as the goods or service that are non-competitive or non-excludable in nature which implies that individuals cannot be prevented from using it. These goods primarily involves the public parks, air we breathe in, national defense, etc. These goods are characterized by its social and collective ability which implies that an individual's consumption would not reduce or affect its availability for the others. Thus, 'public goods' is the correct answer.
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