Which of the following is an example of a public good?
A)Telephone service
B)National defense
C)A city-owned bus service
D)Electricity
E)Education

Question

Quizplus · Accepted Answer

National defense is a classic example of a public good as it benefits everyone in society and is not easily excluded or restricted from its use by individuals. The other options listed may have some characteristics of public goods but are not purely public goods. For example, while electricity may be a necessary resource, it can be provided by private companies and can be excluded or restricted from use by individuals who don't pay for it.

Which of the Following Is an Example of a Public