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A Quasi-Public Good Differs from a Public Good in That

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A quasi-public good differs from a public good in that unlike a public good, it is possible to keep those who do not pay for the quasi-public good from enjoying the benefits of the good.


Definitions:

Prescribed Drug

A medication that is legally dispensed by a healthcare professional's order to treat a specific condition.

Transcription

The transforming of spoken notes into accurate written form.

Microorganisms

Microscopic organisms, including bacteria, viruses, and fungi, that can have both beneficial and harmful effects on living beings.

Immunity

The condition of being resistant or not susceptible to pathogens and the diseases they cause.

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