Why does the definition of a pure public good imply that its benefits are not subject to
Question:
Why does the definition of a pure public good imply that its benefits are not subject to congestion?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (6 reviews)
The definition of a pure public good does not explicitly imply that its benefits are not subject to congestion Rather it emphasizes two key characteri...View the full answer
Answered By
Owino Otieno
My proficiency as a tutor lies in my ability to understand and respond to questions, provide explanations, and offer detailed information on various topics. I can help with academic subjects such as mathematics, science, history, literature, and more. I can also provide assistance with writing, proofreading, and language learning.
I am capable of adapting to different learning styles and can present information in a clear and concise manner. I can break down complex concepts into simpler terms, provide examples and illustrations, and engage in interactive discussions to enhance the learning experience. Additionally, I can offer guidance on problem-solving strategies, critical thinking, and exam preparation.
0.00
0 Reviews
10+ Question Solved
Related Book For
Public Finance A Contemporary Application Of Theory To Policy
ISBN: 9780538754460
10th Edition
Authors: David N Hyman
Question Posted:
Students also viewed these Business questions
-
Facts This case is a trade secrets misappropriation action brought under the Uniform Trade Secrets Act, [citation], by an employer against former employees. The employer, Ed Nowogroski Insurance,...
-
The issue in this case is whether a check cashing store qualifies as a holder in due course so that it can collect on a $10,000 check written by an elderly man who was fraudulently induced to issue...
-
1. Since Asadi had to concede that he was not covered under the statutory language, what was his theory of the case as to why he should be protected as a whistle-blower under Dodd-Frank? 2. Why did...
-
International Accounting Standard No. 21, "The Effects of Changes in Foreign Exchange Rates," deals with foreign currency. It was originally issued in 1983 and was revised and reissued in 1993 as...
-
General Weapons, Inc. (Comprehensive time value of money) Mr. Rambo, President of General Weapons, Inc., was pleased to hear that he had three offers from major defense companies for his latest...
-
The budgetary basis of accounting is a. determined by a governmental entitys governing body or by law or regulation. b. dictated by GAAP. c. the same for all governmental entities. d. always the cash...
-
What is the effect of a weak euro on European exporters? What is the effect on European consumers? LO.1
-
Multiple Choice Questions 1. A company should recognize revenue when: a. The revenue is earned b. The contract is signed c. The seller satisfies the performance obligation d. The consideration is...
-
QUESTION TWO (20 Marks) REQUIRED Study the information provided below and answer the following questions: 2.1 Calculate the Payback period of both projects (answers expressed in years, months and...
-
How does the condition for efficiency differ between pure public goods and pure private goods?
-
In major cities, some residents do not own a car and only travel by subway. While a car commuter both causes and is delayed by traffic congestion, a subway riders commute time is unaffected....
-
What is a composite good?
-
Give an example of a program that will cause a branch penalty in the three-segment pipeline of Sec. 9-5. Example: Three-Segment Instruction Pipeline A typical set of instructions for a RISC processor...
-
Are Google, Microsoft, and Apple acting ethically? Are they being socially responsible? Eager to benefit from the economic growth and the job creation that foreign direct investments generate, many...
-
On May 1, 2011, Lenny's Sandwich Shop loaned \$20,000 to Joe Lopez for one year at 6 percent interest. Required Answer the following questions: a. What is Lenny's interest income for 2011? b. What is...
-
Tipton Corporations balance sheet indicates that the company has \($300,000\) invested in operating as sets. During 2006, Tipton earned operating income of \($45,000\) on \($600,000\) of sales....
-
Norton Car Wash Co. is considering the purchase of a new facility. It would allow Norton to increase its net income by \($90,000\) per year. Other information about this proposed project follows:...
-
Jelly Bean, Inc. began 2018 with cash of $58,000. During the year, Jelly Bean earned revenue of $595,000 and collected $614,000 from customers. Expenses for the year totaled $427,000, of which Jelly...
-
For the following exercises, write the polynomial function that models the given situation. Consider the same rectangle of the preceding problem. Squares of 2x by 2x units are cut out of each corner....
-
If Brazil and South Africa have free trade with each other, a common trade policy against all other countries, but no free movement of factors of production between them, then Brazil and South Africa...
-
A large country can: A. benefit by imposing a tariff. B. benefit with an export subsidy. C. not benefit from any trade restriction.
-
Which of the following trade restrictions is likely to result in the greatest welfare loss for the importing country? A. A tariff B. An import quota C. A voluntary export restraint
-
explain the concept of Time Value of Money and provide and example. In addition to your discussion, please explain the differences between Stocks and Bonds
-
Wildhorse Inc. has just paid a dividend of $3.80. An analyst forecasts annual dividend growth of 9 percent for the next five years; then dividends will decrease by 1 percent per year in perpetuity....
-
Jenny wanted to donate to her alma mater to set up a fund for student scholarships. If she would like to fund an annual scholarship in the amount of $6,000 and her donation can earn 5% interest per...
Study smarter with the SolutionInn App