Answered

Connect with knowledgeable experts and enthusiasts on IDNLearn.com. Discover detailed and accurate answers to your questions from our knowledgeable and dedicated community members.

O decreased free trade
QUESTION 9
Which is a public good?
national defense
stock portfolio
college education
textbooks
QUESTION 10
Click Save and Submit to save and submit. Click Save All Answers to save all anst

Sagot :

GinnyAnsweridn

Final answer:

National defense is considered a public good due to its nonexcludable and nonrivalrous nature, benefiting all individuals once provided.


Explanation:

National defense is a public good because it is nonexcludable and nonrivalrous, meaning that once provided, it benefits everyone and additional consumers at no extra cost. It is under-produced unless the government intervenes to provide it. For example, private businesses cannot effectively build armies or create defense plans.


Learn more about Public Goods and National Security here:

https://brainly.com/question/33643184


Thank you for being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Thank you for visiting IDNLearn.com. We’re here to provide accurate and reliable answers, so visit us again soon.