Public goods/Definition: Difference between revisions

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Products and services, such as lighthouses and national defence,  that can only be collectively-financed  because it is not possible to devise a pricing system that would enable them to be  marketed.
Products and services, such as lighthouses and national defence,  that can only be collectively-financed  because it is not feasible to require each user to pay for their use.

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A definition or brief description of Public goods.

Products and services, such as lighthouses and national defence, that can only be collectively-financed because it is not feasible to require each user to pay for their use.