What are the two key characteristics of public goods?
Question:
What are the two key characteristics of public goods?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
Public goods have two key characteristics 1 Nonexcludability This means ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What are the two characteristics of public goods? Explain the significance of each for public provision as opposed to private provision. What is the free-rider problem as it relates to public goods?...
-
. True or False (Judge every statement with a T or F) ( ) 1. It appears that the power in marketing channels is shifting increasingly toward retailers. ( ) 2. The use of private branding has resulted...
-
What are the two key customer-planning decisions that companies face?
-
A mathematical model for the inside of a bowl is obtained by rotating the curve x 2 + y 2 = 100 through 360 about the y-axis between y = 8 and y = 0. Each unit of x and y represents 1cm. a. Find the...
-
Douglas and Sandy Glosson offered to sell 36 acres that included a truck shop, warehouse, and office. Douglas Glosson and Parker agreed on terms and signed the agreement. Sandy Glosson did not sign...
-
Use the formula to determine the value of the indicated variable for the values given. Use a calculator when one is needed. When necessary, use the key on your calculator and round answers to the...
-
The tuition costs (in thousands of dollars) for 25 liberal arts colleges are listed. Use technology to find the first, second, and third quartiles. What do you observe? 555 50 52 51 49 52 51 25 41 47...
-
The accompanying flowchart on page 330 summarizes Jenz Corporations processing of sales. Some of the flowchart symbols are labeled to indicate controls and records. For each symbol numbered 1 through...
-
Find the arclength of the curve r(t) = (-2 sint, 5t, -2 cost), -2t2
-
Name two public goods and explain why they are public goods.
-
What can government do to encourage the development of new technology?
-
Rizzos Delivery Company and Overlands Express Delivery exchanged delivery truck on January 1, 2020. Rizzos truck cost $22,000. It has accumulated depreciation of $15,000 and a fair value of $3,000....
-
A particle carrying \(+3.00 \mathrm{nC}\) of positive charge is at the origin of an \(x y\) coordinate system. Take \(V(\infty)\) to be zero for these calculations. (a) Calculate the potential \(V\)...
-
What do you mean by latent heating and latent cooling?
-
Explain the working of vapor absorption cycle.
-
Write notes on bypass factor and sensible heat factor.
-
What do you mean by sensible heating and sensible cooling?
-
Match the following terms and definitions. a. entity-level IT controls b. application controls c. IT general controls d. operational controls e. financial controls f. compliance controls g. manual...
-
Compile data on consumption and expenditures for the following categories in 30 different countries: (1) food and beverages, (2) clothing and footwear, (3) housing and home operations, (4) household...
-
Dortmund Stockyard reports $896,000 in credit sales for 2018 and $802,670 in 2019. It has a $675,000 accounts receivable balance at the end of 2018, and $682,000 at the end of 2019. Dortmund uses the...
-
Record journal entries for the following transactions of Graphics & Signs. Jan. 1, 2018 Dec. 31, 2018 Dec. 31, 2019 Dec. 31, 2020 Issued a $248,400 note to customer Elliott Thompson as terms of a...
-
Ancient Grains Unlimited has an accounts receivable turnover ratio of 3.34 times. The net credit sales for the year are $567,920. What is the days sales in receivables ratio for 2018 (rounded to the...
-
GIVEN: (2D2 9D+2)[yo(t)] = 0 Initial Conditions Yo(0) = 1 Dy,(0) =dy(0)/dt = -12 FIND: 1.The equation for yo(0) 2. Post your checking of the answers 2a. yo(0) = 2b. dy0(0) dt Extra Credit (5 Points)...
-
Please perform below 4 steps to solve the task: 1. Read the problem statement. 2. Formulate the algorithm using pseudocode and top-down, stepwise refinement. 3. Write a C program. 4. Test, debug and...
-
(9-15) COMPONENT COSTS Assume that a company has a target debt-to-equity capital structure of 2. The company currently pays 8% annually on its bonds. There are 10 years until maturity, and the bonds...
Study smarter with the SolutionInn App