Some groups pursue collective goods. A collective good is one thatGroup of answer choicescannot be selectively granted or denied to individuals; it belongs to all.is provided by a public service organization.is secured by the president.is secured by Congress.None of these answers are correct.
Question
Some groups pursue collective goods. A collective good is one thatGroup of answer choicescannot be selectively granted or denied to individuals; it belongs to all.is provided by a public service organization.is secured by the president.is secured by Congress.None of these answers are correct.
Solution
A collective good is one that cannot be selectively granted or denied to individuals; it belongs to all. This means that once the good is produced, no one can be excluded from its benefits. It is also non-rivalrous, meaning that one person's use of the good does not reduce its availability to others. Examples of collective goods include clean air, national defense, and public parks.
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