Which of the following is the best example of a public good?
A) long distance telephone service
B) national defense
C) an amusement park
D) the electric service of a public utility

Question

Quizplus · Accepted Answer

National defense is the best example of a public good because it is non-excludable, meaning that it cannot be easily provided or withheld from individuals, and non-rivalrous, meaning that one person's consumption of national defense does not diminish its availability to others. Long distance telephone service, an amusement park, and the electric service of a public utility are all examples of private goods that are excludable and rivalrous.

Which of the Following Is the Best Example of a Public