Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
National defense
B
Private tutoring
C
Restaurant meals
D
Clothing retail
Understanding the Answer
Let's break down why this is correct
Answer
A public good is something that everyone can use without it running out, and one person using it doesn't stop others from using it too. A clear example of a public good is street lighting. When a streetlight is on, it helps everyone walking or driving by, and one person using the light does not take away from another person's ability to see it. In the product and factor markets, things like national defense or public parks are also considered public goods because they provide benefits to all citizens without direct payment. Since no one can be excluded from using these goods, they are funded by taxes and provided by the government for the benefit of the entire community.
Detailed Explanation
National defense is a public good because everyone benefits from it, and no one can be excluded. Other options are incorrect because Private tutoring is not a public good; Restaurant meals are also not public goods.
Key Concepts
Types of goods
Topic
Product and Factor Markets
Difficulty
easy level question
Cognitive Level
understand
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