Bennie Holiday´s Market failure cartoon
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Sir, did you know there was going to be fireworks later today?
No, but thanks for telling me.
Hello there officer.
Some people are actually against the fireworks,because they'll pollute the air which is a public good.
Yeah they´re both public goods.
What's a public good mom?
A public good is a commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.
Yes of course.
So the fireworks tonight are a public good?
I can't wait for the fireworks!
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