A government uses taxes to build and maintain a museum, and citizens can visit the museum without paying an admission fee. Which of the following considerations implies that visiting a museum is NOT a public good?
a. Although admittance is nonexcludable, it is rival because other museums are vying for consumers to visit them instead.
b. Visiting a museum is both nonexcludable and nonrival, which means it is not a public good.
c. Visiting a useum is both excludable and rival, which means it is not a public good.
d. Although enjoying the exhibits might be nonrival, the experience is excludable because admittance could easily be limited to those who pay.
a. Although admittance is nonexcludable, it is rival because other museums are vying for consumers to visit them instead.
b. Visiting a museum is both nonexcludable and nonrival, which means it is not a public good.
c. Visiting a useum is both excludable and rival, which means it is not a public good.
d. Although enjoying the exhibits might be nonrival, the experience is excludable because admittance could easily be limited to those who pay.