Economics (M.Phil./Ph.D.) 2017 Panjab University Entrance Exam With Answers

Practice Mode:
40.

Public goods are characterised by

1) Collective Consumption
2) Divisibility
3) Non-exclusion
4) Rival consumption
Select the correct answer from the code given below
A: 1 and 2 are correct
B: 1 and 3 are correct
C: 1 and 4 are correct
D: 2 and 4 are correct

The answer is: B