Economy, asked by ahanprakash2004, 1 year ago

How can private goods be protected with the protection of public goods

Answers

Answered by mysterious0115
1

You cannot choose to be unprotected, and national defense cannot protect everyone else and exclude you. The second main characteristic of a public good—that it is nonrivalrous—means that when one person uses the public good, another can also use it. ... Positive externalities and public goods are closely related concepts.

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