Question:
The emission of greenhouse gases is an example of “bads” that are
The emission of greenhouse gases is an example of “bads” that are
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Public goods $\Rightarrow$ non-rival \& non-excludable; {public bads} (like pollution) share the same properties but with negative externalities.
Updated On: Sep 1, 2025
- rival and excludable
- non-rival and excludable
- rival and non-excludable
- non-rival and non-excludable
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The Correct Option is D
Solution and Explanation
Step 1: Classify the bad. The negative effects of GHG emissions (warming, climate damages) are non-rival—one person’s exposure doesn’t reduce another’s—and non-excludable—it is practically impossible to prevent others from being affected.
Step 2: Conclusion. Hence, GHG emissions create a public bad: non-rival and non-excludable.
Final Answer: (D) non-rival and non-excludable
Step 2: Conclusion. Hence, GHG emissions create a public bad: non-rival and non-excludable.
Final Answer: (D) non-rival and non-excludable
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