Question

What is meant when we say that a public good is indivisible, nonrivalrous, and nonexcludable? 

   What is meant when we say that a public good is indivisible, nonrivalrous, and nonexcludable?
Economic Issues and Policy (with InfoApps 2-Semester Printed Access Card)
Economic Issues and Policy (with InfoApps 2-Semester Printed Access Card)
Brux, Jacqueline… 5th Edition
Chapter 2, Problem 3 ↓

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It is provided as a whole and cannot be allocated or consumed in parts. For example, a lighthouse is indivisible because it cannot be divided into smaller lighthouses.   Show more…

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What is meant when we say that a public good is indivisible, nonrivalrous, and nonexcludable?
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