Are broadcast television and cable television public goods? O A. B. C. D. Cable

Question

Are broadcast television and cable television public goods? O A. B. C. D. Cable television is a public good and broadcast television is a club good. Cable television is a club good and broadcast television is a public good. Cable television is not a club good because it is non-rival in consumption and broadcast television is a public good. Cable television is a public good and broadcast television is not a public good because consumers can be excluded. 0 A. Broadcast television is privately provided (in the US) to solve the free rider problem. OB. Commercials allow for payment for services given that the services are provided without exclusion O C. Both A and B. O D. Broadcast television receives public subsidies

Explanation / Answer

Answer - Broadcast television is a public good because its consumption is non rivalrous and non excludable. On the other hand cable television is non rivalrous in consumption but it does not follow the rule of non excludability. People can be excluded from the consumption of cable television. Cable television is a club good and Broadcast television is public good.

Option B is the correct answer.

Answer - The public good is privately provided because commercials allow for payment for services. Free rider problem is also eliminated when public good is being provided privately.

Option C is the correct answer.  

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