Question

In: Economics

an example of a public good that the government has made excludable

an example of a public good that the government has made excludable

Solutions

Expert Solution

Usually,government takes initiative to construct proper roadways,drinking water structure,etc.It collects fees from public inorder to meet construction expenses and to gain revenue.Every person need to pay tax fees for such goods.It is mandatory for people to contribute towards such public goods as services are equally rendered to everyone and tax cannot be ingored.

But there are few public goods like parkways,gardens and halls which are constructed by government so that people can avail the services.These public goods are declared as excludable.Entry fee is collected to enter into gardens,tax is collected to use parkways and public halls.Governement has made these parkways,gardens and public halls excludable since there are people who don't avail or use these services. So, people who don't use these services need not pay any amount to the government.It is not mandatory for a person to pay for such public goods if he/she hasn't availed or used the services.

Hence,public halls,parkways,gardens,etc are considered as public goods and government made these goods excludable.Government realised that it is inequitable to collect fees from people who dont use or avail such services and declared such goods as excludable from paying tax,fees for people who dont use them.


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