Wireless, high-speed Internet is provided for free in the airport of the city of Communityville. a. At
Question:
a. At first, only a few people use the service. What type of a good is this and why?
b. Eventually, as more people find out about the service and start using it, the speed of the connection begins to fall. Now what type of a good is the wireless Internet service?
c. What problem might result and why? What is one possible way to correct this problem?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (14 reviews)
a If only a few people use the free wireless internet it would not be excludable and ...View the full answer
Answered By
Ajeet Singh
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions.
I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life.
I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge.
I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields.
Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a teacher. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students.
4.90+
7+ Reviews
15+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
It is possible to shoot an arrow at a speed as high as100 m/s. (a) If friction is neglected, how high would an arrow launched at this speed rise if shot straight up? (b) How long would the arrow be...
-
As more people buy computers, the demand for Internet service increases and the price of Internet service decreases. The fall in the price of Internet service decreases the supply of Internet...
-
What type of report might a service organization use as a marketing tool to provide potential customers information about the internal controls related to security at the service organization?
-
Several industries located along the Ohio River discharge a toxic substance called carbon tetrachloride into the river. The state Environmental Protection Agency monitors the amount of carbon...
-
Lemma 1.17 shows that a sum of linear functions is linear and that a scalar multiple of a linear function is linear. Show also that a composition of linear functions is linear.
-
On February 28, 2012, Stu & Dent, LLP completed the audit of Shylo Ranch, Inc. (a nonpublic company) for the year ended December 31, 2011. A recent fire destroyed the accounting records concerning...
-
When is the best time to gather requirements about a product?
-
The condensed balance sheet of Laporte Corporation reports the following: The market price of the common shares is currently $30 per share. Laporte wants to assess the impact of three possible...
-
on Jan 1 , mary took out a bank loan for $ 6 0 K with an interest rate of 5 % . Interest is payable on first of each following month. What is the posting for Sept 2 0 2 3 ?
-
Using the Web, research the costs associated with the following items when implemented by a firm with 1,000 employees and 100 servers: Managed antivirus software (not open source) licenses for 500...
-
Charlie loves watching Teletubbies on his local public TV station, but he never sends any money to support the station during its fundraising drives. a. What name do economists have for people like...
-
Four roommates are planning to spend the weekend in their dorm room watching old movies, and they are debating how many to watch. Here is their willingness to pay for each film: a. Within the dorm...
-
You are planning to make monthly deposits of $400 into a retirement account that pays 10 percent interest compounded monthly. If your first deposit will be made one month from now, how large will...
-
Several decades ago, Gunnar Myrdal stated: It is in the agricultural sector that the battle for long-term economic development will be won or lost. Consider the meaning of this statement, and the...
-
The business majors at Metropolitan University can be broken down as follows: (a) We have randomly selected four students to attend a regional conference. What is the probability that we have a...
-
Discuss the potential role of NGOs in relation to the government and private sectors. What are the most important potential areas of comparative advantage of NGOs? What are the most important...
-
A city company has 300 employees. Among these employees, two out of every three take public transportation to work, one out of every two owns a car, and one out of every three owns a car but takes...
-
In question 21, if we draw two students at random without replacement, what is the probability of our getting a student who owns both and a student who owns neither? Question 21 A survey of 200...
-
ByteBuffers putDouble(double value) method inserts the 8-byte value into the buffer starting at the current position and increments position to just after that inserted value. (T / F)
-
In a large midwestern university, 30% of the students live in apartments. If 200 students are randomly selected, find the probability that the number of them living in apartments will be between 55...
-
Which expressions about enums used in switch statements are correct? (Choose two.) A. The name of the enum type must not be used in each case statement. B. A switch statement that takes a enum value...
-
In 1980, University of Maryland economist Julian Simon bet Stanford entomologist Paul Ehrlich that the price of any five metals of Ehrlichs choosing would fall over 10 years. Ehrlich believed that...
-
In this chapter, we explored how prices tie all goods together. To illustrate this idea, suppose new farming techniques drastically increased the productivity of growing wheat. a. Given this change,...
-
Lets build on this chapters example of asphalt. Suppose a new invention comes along that makes it easier and much less expensive to recycle clothing: Perhaps a new device about the size of a washing...
-
Pharoah Company has actual sales of $54,700, flexible budget sales of $54,330, and master budget sales of $52360. Compute the sales price variance and sales activity variance (simplified) for Pharoah...
-
The first-quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15, 2022. For the taxes, assume the second February payroll amounts were duplicated for the March 4 and March...
-
Nico issues $10 million, 6%, 5 year bonds on January 1 of FY 1. The bonds pay interest semiannually on June 30 and December 31. The effective interest or market rate is 5%. What are the bond proceeds...
Study smarter with the SolutionInn App