Upgrade subject to access all content
Which of the following describes the defining characteristics of a public good or service?
Rabies vaccinations provide significant benefits to all members of the community, and pet owners must take their pets to veterinarians for the shots.
Upscale restaurants often have restrictions on the attire that customers must wear, and they sometimes run out of popular menu items during their dinner services.
Street lights make travel safer for everyone, and there are no restrictions on who can benefit from them.
Quality public education leads to greater labor productivity and economic benefits for all of society, although students can sometimes be expelled for violating school rules.
Cable television can be provided to millions of paying customers simultaneously without impacting the quality of the signal.