Respuesta :
Answer:
The correct answer is option d.
Explanation:
A traffic light at an intersection is a public good. Its consumption is neither rival nor excludable. More than one person can use a traffic light at the same time and it will not reduce the consumption of the other person. So we can say its consumption is non-rival in nature.
Its consumption is also non-excludable as you cannot stop a person from using traffic lights.
A traffic light at an intersection is not rival and not excludable in consumption.
A traffic light is an example of a public good. A public good is a good that is non excludable and non-rivalrous. Everyone has access to the traffic light. This means that it is not excludable. Also, there is no limit on the number of people that can use the traffic light. This means that traffic lights is not a rival good.
To learn more about public goods, please check: https://brainly.com/question/12390476
