Many environmental resources are public goods, which are characterized by ?
Correct answer: B. nonrivalry and nonexclusion in consumption
- A. rivalry and exclusion in consumption
- B. nonrivalry and nonexclusion in consumption
- C. rivalry but nonexclusion in production
- D. nonrivalry but exclusion in usage
Explanation
A public good is non-rival because one person's use does not reduce availability to others, and non-excludable because users cannot easily be prevented from benefiting. Environmental resources often possess both characteristics.
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