3 ms·
Not public goods in the literal economic definition, true, but there's some flexibility in common usage of this term. Irrespective of who owns it, I can walk u
by stickfigure 8y ago
Not public goods in the literal economic definition, true, but there's some flexibility in common usage of this term.
Irrespective of who owns it, I can walk up to a scooter and use it. I cannot do this to your bicycle tied up to a post. From the general public's perspective, the scooter has vastly more utility than your bicycle.