DeVonda owns a music store. One night, vandals broke her store's front window. DeVonda called the police, and the police investigated the crime. The police services that DeVonda used are BEST described as a (n) :

Question

Semaj Ramirez

Business

29 July, 07:05

DeVonda owns a music store. One night, vandals broke her store's front window. DeVonda called the police, and the police investigated the crime. The police services that DeVonda used are BEST described as a (n) :

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Answers (1)

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Monique Gonzalez · Answer 1

Answer: Public Goods

Explanation:

Here, in this particular scenario the police service used by DeVonda is referred to as the public good. Under the discipline of economics, the public good is referred to as the good which is non-excludable and non-rivalrous. This means that any individual will not be excluded from the utilization of the commodity and under which the usage does not tend to decrease it's availability to the other individuals. Therefore the commodity can further be adequately utilized by more than just one individual.