Question

Explain how private goods can be protected with the protected with the protection of public goods

Answer 1

Answer:

mixed economy can produce both the goods

Answer 2

If Larry buys a private good like a piece of pizza, then he can exclude others, like Lorna, from eating that pizza. However, if national defense is being provided, then it includes everyone. You cannot choose to be unprotected, and national defense cannot protect everyone else and exclude you.