A commodity whose benefits may be provided to all people (in a nation or town) at no more cost than that required to provide it for one person. The benefits of the good are indivisible, and people cannot be excluded from using it.
PUBLIC GOOD
A commodity whose benefits may be provided to all people (in a nation or town) at no more cost than that required to provide it for one person. The benefits of the good are indivisible, and people cannot be excluded from using it.
