Which of the following are characteristics of Public Goods?
A) They are non-rival and non-excludable.
B) Public goods can be provided by private firms as they are profitable.
C) They often suffer from the "free-rider" problem.
D) The provision of public goods is typically funded by taxation.
1
A and C only
2
A, C, and D only
3
A, B, and C only
4
B, C, and D only