National defense is an example of a public good because a. it requires tax revenues to fund any production b. one person’s use of it will decrease another person’s ability to use it c. it is nonexcludable and nonrival d. the private market typically produces the socially efficient level of output e. the public is protected from invasion

Exploring Economics
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Chapter8: Market Failure
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National defense is an example of a public good because

a. it requires tax revenues to fund any production

b. one person’s use of it will decrease another person’s ability to use it

c. it is nonexcludable and nonrival

d. the private market typically produces the socially efficient level of output

e. the public is protected from invasion

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