Provide two examples of goods/services that are classified as private goods/services even though they are provided by
Question:
Provide two examples of goods/services that are classified as private goods/services even though they are provided by a federal government.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
Private goods and services are typically characterized by two key characteristics rivalry and excludability Rivalry means that when one person consume...View the full answer
Answered By
Muhammad Haroon
More than 3 years experience in teaching undergraduate and graduate level courses which includes Object Oriented Programming, Data Structures, Algorithms, Database Systems, Theory of Automata, Theory of Computation, Database Administration, Web Technologies etc.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Use the percentages in Figure 7.3 and the values in Figure 7.4 to answer the following questions: What percentage of SAT takers score between 500 and 600? Figure 7.3 Normal Curve Percentages, to Two...
-
The Dows owned 125 acres of land. Teresa, their daughter, said the family had long discussed that she and her brother could each have a home on the property and the Dows promised to transfer...
-
The gas mileage, m, of a specific car can be estimated by the equation (or function) m = 30 - 0.002n 2 , 20 n 80 Where n is the speed of the car in miles per hour. Estimate the gas mileage when the...
-
The numbers of leaves availed by a sample of 20 executives in a recent year Use technology to draw a box-and-whisker plot that represents the data set. 4 3 5 6 7 9 11 453 96 15 264 7 11 59
-
Now assume that a court finds that the new rule is merely interpretive. What effect would this determination have on whether the SEC had to follow the APAs rulemaking procedures? Assume that the...
-
(3) Calculate m(R) (volume of R) Given: R is the region of the 3- dim space, defined by: 3 Upper border: Z = 92 (x, y) = 3x+5y3 Lower border: Z = 9, (x,y) = x+y xy projection: D= pr (R) = triangle...
-
HighFlyer Airlines wants to build new airplanes with greatly increased cabin space. This will allow HighFlyer Airlines to give passengers more comfort and sell more tickets at a higher price....
-
Why is a football game on ESPN a quasi-public good but a game on the NBC, CBS, or ABC is a public good?
-
Why would a mature paint company pursue a reduce-market-focus strategic market plan?
-
Three particles carrying equal positive charge \(q\) are located at the corners of an equilateral triangle with side length \(a\). What are the magnitude and direction of the electric field \((a)\)...
-
Two charged particles are placed near the origin of an \(x y z\) coordinate system. Particle 1 carries charge \(+q\) and is on the \(x\) axis at \(x=+d\). Particle 2 carries an unknown charge and is...
-
Differentiate S.I. engine and C.I. engine.
-
What are the slip and coefficient of discharge?
-
Five charged particles are located around a semicircular arc of radius \(100 \mathrm{~mm}\), with one particle at each end of the semicircle and the remaining three spaced equally between the two...
-
The following exercise relates to application control objectives for the sales cycle. 1. List at least three application controls used in the sales cycle. 2. Give an example of how the associated IT...
-
Express these numbers in standard notation. a. 2.87 10-8 b. 1.78 1011 c. 1.381 10-23
-
Which of the following estimation methods considers the amount of time past due when computing bad debt? A. Balance sheet method B. Direct write-off method C. Income statement method D. Balance sheet...
-
What are bad debts?
-
Starlight Enterprises has net credit sales for 2019 in the amount of $2,600,325, beginning accounts receivable balance of $844,260, and an ending accounts receivable balance of $604,930. Compute the...
-
12. Rachel plans to study 2 hours for her next exam. How might plotting her grade on the same graph change your answer to Exercise 11? Explain your reasoning.
-
Shep Company's records show the following information for the current year: Total assets Beginning of year $ 50,000 End of year $ 80,000 Total liabilities $ 22,000 $ 35,000 Determine net income...
-
3. Let L = {we {0,1}* : w contains at least one 1}, and let A be the DFA with tabular represen- tation: A || 0 1 P q * 9 q q Prove that LL(A). Hint: Do the L(A) L part of the proof by induction on...
Study smarter with the SolutionInn App