How are public goods different from private goods?
Question:
How are public goods different from private goods?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (6 reviews)
Private goods are rival in consumption two people cant both consume the same ...View the full answer
Answered By
Wahome Michael
I am a CPA finalist and a graduate in Bachelor of commerce. I am a full time writer with 4 years experience in academic writing (essays, Thesis, dissertation and research). I am also a full time writer which assures you of my quality, deep knowledge of your task requirement and timeliness. Assign me your task and you shall have the best.
Thanks in advance
4.90+
63+ Reviews
132+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
How are jointly produced private goods analogous to public goods?
-
Public School Teacher Salaries, Class Size and Private School Markets: In exercise 14.10, we noted that private schools that charge tuition operate alongside public schools in U.S. cities. There is...
-
Public Schools and Private School Vouchers: Consider a simple model of how economic circumstances are changed when the government enters the education market. A: Suppose a household has an after-tax...
-
For higher bracket taxpayers but not the highest their regular income tax rate might go up to about 28. However, the tax law will usually only tax their dividend income at only 15 Why? Do you agree...
-
If an investor is in a 30 percent marginal tax bracket and can purchase a straight (nonmunicipal bond) at 8.37 percent and a municipal bond at 6.12 percent, which should he or she choose?
-
Ting Manufacturing sells its products with a 75-day warranty for defective merchandise. Based on past experience, Ting estimates that 3% of the units sold will become defective during the warranty...
-
If you wanted to expand your business to include international customers and vendors, what factors would influence your decision?
-
Assume the following scenarios. Scenario 1: During 2015, IBM provides consulting services on its mainframe computer for $11,000 on account. The customer does not pay for those services until 2016....
-
33. The dimensions of Resistance is (1) LMT-A-] (2) [L-2M- T A] (3) [L M- T A] (4) [L MT A]
-
What is the un-owned good that leads to excessive congestion on urban freeways? How could a rush hour toll mimic a market solution to that un-owned good?
-
How do transaction costs limit the markets ability to efficiently solve externality problems?
-
In the example on page 378 of research on lipstick where E = $2 and S = $29, what sample size would we require if we desired a 99 percent confidence level?
-
4 5 If the maximum acceleration of a car is 4.6 m/s. What is the 0-60 mph time in seconds? X 6.3 A 70-0 mph braking distance for a car is 170 feet. What's the deceleration in ft/s? Don't include the...
-
USCO, a U.S. company, opens a branch in Country X on January 1, 2022. The Country X branch generates a 2022 calendar year loss of ($200,000). When combining USCO's Country X 2022 branch loss with...
-
If your WACC is 10%, calculate the NPV of a 5-year project with the following cash flows: Initial cost of $545,807 Initial net working capital of $56,362, which will be returned at the end of the...
-
Consider the following groups G and H,K G. If G is isomorphic to H K, give an isomorphism 4 : G H K. If not, say why G and H K cannot be isomorphic. (a) GR, H = {1, 1}, K = R+ (b) G = D4, H = {1,r,r,...
-
Draw logic diagram for a . Nand Gate b . XOR Gate c . Half Adder d . y ( z + x )
-
In your opinion, what is the most important role of HR managers? Should HR professionals be the "voice" for employees or the "spokesperson" for managers? Explain your view. Should HR professionals be...
-
The following table shows the rates of total return in successive years from 2004 to 2008 for the Sprott Canadian Equity Fund and for the benchmark Toronto Stock Exchange S&P/TSX Composite Index. By...
-
Imagine an economy with only two people. Larry earns $20,000 per year while Roger earns $80,000 per year. As shown in the following figure, the Lorenz curve for this two person economy consists of...
-
The desire to maximize profits can work against racial and other types of discrimination. To see this, consider two equally productive accountants named Ted and Jared. Ted is black, and Jared is...
-
How does the PPACA attempt to ensure affordable insurance for the poor?
-
Waterway Corporation purchased a depreciable asset for $ 8 4 5 1 0 0 on January 1 , 2 0 2 3 . The estimated salvage value is $ 9 0 0 0 0 and the estimated total useful life is 9 years. The straight -...
-
Describe & Explain: Path-Goal Theory Leader-Member Exchange Theory Transformational Leadership Authentic Leadership Critique: Path-Goal Theory Leader-Member Exchange Theory Transformational...
-
Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses as shown by its most recent monthly contribution format income statement: Sales $ 1 , 6 5 6 , 0 0 0...
Study smarter with the SolutionInn App