Terri lives in a city that has a huge public rose garden. Residents can stroll through therose garden, enjoy the scenic vistas, or have a picnic, all without paying a fee. Thepublic rose garden is a good that is best described as:

A. rival and excludable.
B. nonrival and excludable.
C. rival and nonexcludable.
D. nonrival and nonexcludable.

Respuesta :

Answer:

D. nonrival and nonexcludable.

Explanation:

The city's rose garden is open to the public and therefore referred to as a public good. Additionally, a public good whose consumption by one or more person does not deplete the amount left for others is called a non-rival good; the garden is therefore a non-rival good because if one person enjoys the view, it does not reduce the consumption by other people. It is also non-excludable because it is almost impossible to prevent anyone from viewing the garden.