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O decreased free trade
QUESTION 9
Which is a public good?
national defense
stock portfolio
college education
textbooks
QUESTION 10
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Verified Answer :

GinnyAnswer

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


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