Public goods are those goods that are non-excludable and non-rivalrous, meaning that once it is provided, everyone can use it and it does not diminish in quality. In media economics, news and information can be considered as public goods.
Public goods are those goods that are non-excludable and non-rivalrous, meaning that once it is provided, everyone can use it and it does not diminish in quality. In media economics, news and information can be considered as public goods.