question archive Provide an example of a pure public good
Provide an example of a pure public good
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Provide an example of a pure public good.
What is the condition for finding an efficient level of provision of a public good?
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The example of a pure public good is knowledge. Everyone could use this information, and its use by any particular individual does not prevent the use by another.
The conditions for public goods are; Products in use which are completely noncompetitive and non-exclusive and also marginal benefits are same as marginal cost.
