The best example of a public good is:
A)legal services.
B)national defense.
C)a municipal library.
D)cable television broadcasting.

Question

Quizplus · Accepted Answer

National defense is the best example of a public good because it is non-excludable (it is difficult to exclude people from receiving protection from national defense) and non-rivalrous (one person's consumption of national defense does not prevent others from consuming it as well). Legal services, a municipal library, and cable television broadcasting are not public goods as they are excludable and/or rivalrous.

The Best Example of a Public Good Is