alleryA streetlight serves people together; excluding non-payers is impractical. Why a public good?
AEach user consumes all its light
BIt needs an admission ticket
CAny company ownership makes it public
DShared benefit; no feasible exclusion
Answer & Solution
Correct answer: D. Shared benefit; no feasible exclusion
The light is jointly enjoyed without one passer-by substantially reducing another’s benefit, and excluding individual non-payers is impractical.
Keep practising Economics and Public Programmes
Browse all Economics and Public Programmes questions for RPF Constable, or explore more General Awareness topics.
Related questions
Everyday economicsWheat ₹400 → flour ₹700 → bread ₹1,000, with no other inputs. Total value added; baker’s vA government spends ₹95 crore and receives ₹70 crore revenue plus ₹5 crore non-debt capitaFor a ₹10,000 one-year loan, A charges 10% simple interest plus ₹200 fee; B charges 8% pluA tailor needs grain; the farmer needs no clothes. How does money help?A government owns a bus service; a privately owned firm owns a factory. Classify them.Five family members farm a plot. Two leave; output is unchanged. What does this suggest?A farmer grows cotton, a mill turns it into cloth and a driver transports the cloth. What