CUET Economics - Public goods, as distinct from private goods, are collectively consumed. Two important features of public goods are: | PYQs + Solutions

CUET Economics 2025 27 May Shift 2

Micro

Easy

Rivalrous and excludable.

Rivalrous and non-excludable.

Non-rivalrous and non-excludable.

Non-rivalrous and excludable.

✅ Correct Option: 3

Related questions:

21 May Shift 1

In perfectly competitive market, the demand curve of a firm is?

21 May Shift 1

Floor prices are meant for the welfare of

21 May Shift 1

The market determined price of a good is Rs. 40.The government fixes the minimum price of the good as Rs. 50. Calculate the excess demand/excess supply it will cause if the demand and supply functions are Qd = 200 – p and Qs = 120 + p respectively.

CUET Economics 2025 27 May Shift 2 PYQs

Keyboard Shortcuts