Class 12 Exam > Class 12 Questions > Assertion (A): Public goods are non-rivalrous...
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Assertion (A): Public goods are non-rivalrous.
Reason (R): The benefits of such goods can be enjoyed by all and are not restricted to any one person.
Alternatives
Reason (R): The benefits of such goods can be enjoyed by all and are not restricted to any one person.
Alternatives
- a)Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).
- b)Both Assertion (A) and Reason (R) are correct, but Reason (R) is not the correct explanation of Assertion (A).
- c)Assertion (A) is correct, but Reason (R) is incorrect.
- d)Both(A)and Reason(R)are incorrect.
Correct answer is option 'A'. Can you explain this answer?
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Assertion (A): Public goods are non-rivalrous.Reason (R):The benefits ...
Assertion (A): Public goods are non-rivalrous.
Reason (R): The benefits of such goods can be enjoyed by all and are not restricted to any one person.
The correct answer is option 'A', which states that both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).
Explanation:
Public goods are goods that are non-excludable and non-rivalrous in nature. Non-excludable means that it is not possible to exclude individuals from using or benefiting from the good, and non-rivalrous means that one person's consumption of the good does not reduce the availability or benefit to others.
Public Goods:
Public goods are characterized by two key attributes:
1. Non-excludability: Public goods are available to everyone and it is not possible to exclude individuals from using them. For example, street lighting or national defense cannot be provided selectively to certain individuals while excluding others.
2. Non-rivalrous consumption: When a good is non-rivalrous, the consumption of the good by one individual does not reduce its availability or benefit to others. For example, if one person listens to a radio broadcast, it does not prevent others from listening to the same broadcast.
Explanation of Assertion (A):
Public goods are non-rivalrous in nature, which means that their consumption by one individual does not reduce the availability or benefit to others. This is because the benefits of public goods are not restricted to any one person and can be enjoyed by all. For example, if a person enjoys the benefits of street lighting, it does not diminish the availability or benefit of street lighting for others in the same area.
Explanation of Reason (R):
The reason provided correctly explains Assertion (A). The benefits of public goods can be enjoyed by all individuals and are not restricted to any one person. This is because public goods are non-rivalrous, meaning that the consumption of the good by one person does not reduce its availability or benefit to others.
Conclusion:
Both Assertion (A) and Reason (R) are correct. Reason (R) provides the correct explanation of Assertion (A). Public goods are non-rivalrous in nature, and the benefits of such goods can be enjoyed by all individuals without diminishing the availability or benefit to others.
Reason (R): The benefits of such goods can be enjoyed by all and are not restricted to any one person.
The correct answer is option 'A', which states that both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).
Explanation:
Public goods are goods that are non-excludable and non-rivalrous in nature. Non-excludable means that it is not possible to exclude individuals from using or benefiting from the good, and non-rivalrous means that one person's consumption of the good does not reduce the availability or benefit to others.
Public Goods:
Public goods are characterized by two key attributes:
1. Non-excludability: Public goods are available to everyone and it is not possible to exclude individuals from using them. For example, street lighting or national defense cannot be provided selectively to certain individuals while excluding others.
2. Non-rivalrous consumption: When a good is non-rivalrous, the consumption of the good by one individual does not reduce its availability or benefit to others. For example, if one person listens to a radio broadcast, it does not prevent others from listening to the same broadcast.
Explanation of Assertion (A):
Public goods are non-rivalrous in nature, which means that their consumption by one individual does not reduce the availability or benefit to others. This is because the benefits of public goods are not restricted to any one person and can be enjoyed by all. For example, if a person enjoys the benefits of street lighting, it does not diminish the availability or benefit of street lighting for others in the same area.
Explanation of Reason (R):
The reason provided correctly explains Assertion (A). The benefits of public goods can be enjoyed by all individuals and are not restricted to any one person. This is because public goods are non-rivalrous, meaning that the consumption of the good by one person does not reduce its availability or benefit to others.
Conclusion:
Both Assertion (A) and Reason (R) are correct. Reason (R) provides the correct explanation of Assertion (A). Public goods are non-rivalrous in nature, and the benefits of such goods can be enjoyed by all individuals without diminishing the availability or benefit to others.
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Assertion (A): Public goods are non-rivalrous.Reason (R):The benefits ...
Public goods are the goods provided by the government for general public and no individual can be denied its consumption whether he pay taxes or not.
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Assertion (A): Public goods are non-rivalrous.Reason (R):The benefits of such goods can be enjoyed by all and are not restricted to any one person.Alternativesa)Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are correct, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is correct, but Reason (R) is incorrect.d)Both(A)and Reason(R)are incorrect.Correct answer is option 'A'. Can you explain this answer?
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Assertion (A): Public goods are non-rivalrous.Reason (R):The benefits of such goods can be enjoyed by all and are not restricted to any one person.Alternativesa)Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are correct, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is correct, but Reason (R) is incorrect.d)Both(A)and Reason(R)are incorrect.Correct answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Assertion (A): Public goods are non-rivalrous.Reason (R):The benefits of such goods can be enjoyed by all and are not restricted to any one person.Alternativesa)Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are correct, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is correct, but Reason (R) is incorrect.d)Both(A)and Reason(R)are incorrect.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Assertion (A): Public goods are non-rivalrous.Reason (R):The benefits of such goods can be enjoyed by all and are not restricted to any one person.Alternativesa)Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are correct, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is correct, but Reason (R) is incorrect.d)Both(A)and Reason(R)are incorrect.Correct answer is option 'A'. Can you explain this answer?.
Assertion (A): Public goods are non-rivalrous.Reason (R):The benefits of such goods can be enjoyed by all and are not restricted to any one person.Alternativesa)Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are correct, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is correct, but Reason (R) is incorrect.d)Both(A)and Reason(R)are incorrect.Correct answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Assertion (A): Public goods are non-rivalrous.Reason (R):The benefits of such goods can be enjoyed by all and are not restricted to any one person.Alternativesa)Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are correct, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is correct, but Reason (R) is incorrect.d)Both(A)and Reason(R)are incorrect.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Assertion (A): Public goods are non-rivalrous.Reason (R):The benefits of such goods can be enjoyed by all and are not restricted to any one person.Alternativesa)Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are correct, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is correct, but Reason (R) is incorrect.d)Both(A)and Reason(R)are incorrect.Correct answer is option 'A'. Can you explain this answer?.
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ample number of questions to practice Assertion (A): Public goods are non-rivalrous.Reason (R):The benefits of such goods can be enjoyed by all and are not restricted to any one person.Alternativesa)Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are correct, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is correct, but Reason (R) is incorrect.d)Both(A)and Reason(R)are incorrect.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Class 12 tests.
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