People have a demand for sweaters, and the market provides sweaters. There is evidence that people also

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People have a demand for sweaters, and the market provides sweaters. There is evidence that people also have a demand for national defense, but the market does not provide it. Why doesn’t the market provide national defense?

Is it because government is providing national defense, and, therefore, there is no need for the market to do so? Or is it because the market can’t provide it?

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Microeconomics

ISBN: 9780357720639

14th Edition

Authors: Roger A. Arnold, Daniel R Arnold, David H Arnold

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