Police protection is provided in most, if not all, urban and rural localities. However, individuals also purchase protective devices, such as alarm systems, to protect themselves. For most citizens, police protection is a _____ good, while self-protection devices are a _____ good.

Question

Quizplus · Accepted Answer

Police protection is a public good because it is non-excludable and non-rivalrous, meaning that individuals cannot be excluded from its benefits and its use by one person does not diminish its availability to others. Self-protection devices, on the other hand, are a private good because they are excludable and rivalrous, meaning that individuals can be excluded from their benefits and their use by one person can diminish their availability to others.

Police Protection Is Provided in Most, If Not All, Urban