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11-02-2020
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A quasi-public good is: A. a public good that is produced profitably by private firms, without government subsidy. B. one characterized by nonrivalry and nonexcludability.

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hyderali230 hyderali230

11-02-2020

Answer:

B. one characterized by nonrivalry and nonexcludability.

Explanation:

Quasi-Public good is considered as the goods which characterized by the both private and public goods e.g Roads, bridges etc. These goods have incompetent market and it lacks the existence of free market. These goods are non-rivalry and non-excludability. So option B is the appropriate answer for this question.

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