A public good is one that is supplied to
A)only people who pay for it
B)only people who do not pay for it
C)all people, regardless of whether they pay or not
D)the government from private firms
E)foreign governments from our federal government

Question

Quizplus · Accepted Answer

A public good is a good or service that can be consumed by anyone regardless of whether they pay for it or not. Examples of public goods include streetlights, national defense, and clean air. These goods are often provided by the government because they are difficult for private firms to provide and make a profit from.

A Public Good Is One That Is Supplied to