A public good, such as national defense, _____ excludable and is _____ in consumption.

Question

Quizplus · Accepted Answer

A public good, such as national defense, is non-excludable, meaning that individuals cannot be prevented from benefiting from the good. Additionally, national defense is nonrival, meaning that one person's consumption of the good does not diminish the ability of others to consume it. Therefore, the correct answer is that national defense is not excludable and is nonrival in consumption.

A Public Good, Such as National Defense, _____ Excludable and Is