QuestionAugust 4, 2025

Which of the following is an example of a quasi-public good? crime prevention stock of knowledge in the public domain cable television organic apples

Which of the following is an example of a quasi-public good? crime prevention stock of knowledge in the public domain cable television organic apples
Which of the following is an example of a quasi-public good?
crime prevention
stock of knowledge in the public domain
cable television
organic apples

Solution
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Answer

Cable television Explanation 1. Define Quasi-Public Good A quasi-public good is non-rivalrous but excludable, meaning it can be consumed by many without reducing availability to others, but access can be restricted. 2. Analyze Options - **Crime prevention**: Public good; non-excludable and non-rivalrous. - **Stock of knowledge in the public domain**: Public good; non-excludable and non-rivalrous. - **Cable television**: Quasi-public good; non-rivalrous but excludable (access can be controlled). - **Organic apples**: Private good; rivalrous and excludable.

Explanation

1. Define Quasi-Public Good<br /> A quasi-public good is non-rivalrous but excludable, meaning it can be consumed by many without reducing availability to others, but access can be restricted.<br /><br />2. Analyze Options<br /> - **Crime prevention**: Public good; non-excludable and non-rivalrous.<br /> - **Stock of knowledge in the public domain**: Public good; non-excludable and non-rivalrous.<br /> - **Cable television**: Quasi-public good; non-rivalrous but excludable (access can be controlled).<br /> - **Organic apples**: Private good; rivalrous and excludable.
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