Because it is neither excludable nor rival in consumption, a tornado siren is a public good.
This is a good that is provided in a society or community by the government of the place.
This good is not owned by any one it is a collective good. Hence it caters to the need of everyone.
Complete question:
Because it is a. neither excludable nor rival in consumption, a tornado siren is a common resource. b. rival in consumption but not excludable, a tornado siren is a common resource. c. excludable but not rival in consumption, a tornado siren is produced by a natural monopoly. d. neither excludable nor rival in consumption, a tornado siren is a public good.
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