The provision of public goods gives rise to

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09-04-2019
Social Studies

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The provision of public goods gives rise to

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MrsTriplet MrsTriplet · Answer 1 · 2019-04-11T21:16:06+02:00

Answer: The provision of public goods gives rise to positive externalities.

Explanation: A positive externality is a benefit that a third party is able to receive due to an economic transaction they aren't necessarily involved directly in. A public good is a good that is non-excludable and non-rivalrous so an individual is unable to be excluded from using it. The service does not need to be paid for to use it, such as air with breathe.