Which of the following is an example of a public good?
A)telephone service
B)national defense
C)a city-owned bus
D)electricity generated by a city-owned public utility

Question

Which of the following is an example of a public good?
A)​telephone service
B)​national defense
C)​a city-owned bus
D)​electricity generated by a city-owned public utility

Quizplus · Accepted Answer

A public good is a product or service that is available for everyone to use, regardless of whether they have paid for it or not. National defense fits this definition because it is available to all citizens of the country, regardless of whether they have directly contributed to its funding. Telephone service, a city-owned bus, and electricity generated by a city-owned public utility are all examples of goods or services that require payment or a fee to use, making them not public goods.

Which of the Following Is an Example of a Public