APFIVE Public Goods and Non-Excludability
If a city decides to build more public parks, how might this affect the economic principle of non-excludability in relation to public goods?
A
It reduces non-excludability by allowing for potential privatization of certain areas within larger parks.
B
It increases non-excludability as more people can use the park without being excluded from its benefits.
C
It has no effect on non-excludability as the nature of public parks does not change with quantity.
D
It decreases non-excludability because it limits the number of people who can use the park at one time.
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