CHAPTER 13: TEST BANK

National defense is undoubtedly a better example of a public good than crime prevention. It very clearly has the characteristics of a public good. It is indivisible, nonrivalrous, and nonexcludable. 2. If a public good is sold in the market, people who do not pay for the good cannot be excluded from using it. 3. If a good is indivisible, it cannot be divided into small, manageable units to be ... ................
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