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One of the defining characteristics of public goods is non-excludability. Which of the following correctly describes this characteristic?
The good creates negative consequences even for those who do not purchase the good.
Consumers who do not pay for a good cannot be prevented from benefiting from the good.
Consumers who do not pay for a good can be excluded from consuming it.
The quantity of the good available for sale is greater than the quantity demanded by consumers.
Buyers of the good have information that is not available to sellers.