How would you classify television broadcasts?Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.aPrivate goodsbPublic goodscOnes with external benefitsdCommon resources
Question
How would you classify television broadcasts?Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.aPrivate goodsbPublic goodscOnes with external benefitsdCommon resources
Solution 1
Television broadcasts would be classified as public goods. This is because they are non-excludable, meaning that once they are produced, everyone can enjoy them. They are also non-rivalrous, meaning that one person's consumption of the broadcast does not reduce its availability for others.
Solution 2
Television broadcasts would be classified as bPublic goods. This is because they are non-excludable (everyone can use them) and non-rivalrous (one person's use doesn't reduce availability for others).
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