Goods that are both non-rivalrous in consumption and non-excludable are classified as ___ goods.
- public
- Refinery Products
- Okun's
- short
Answer: public
Public goods, like national defense or street lighting, can be consumed by one person without reducing availability to others (non-rival), and no one can be effectively excluded from using them (non-excludable). Because private markets cannot easily charge users, these goods are typically provided by the government.