this is a 4 part question

For 10 use the notes BELOW 10)

Notes:

2 Define public goods and provide two examples of public information goods or services (do not use class note or text book examples) 3 Give one example of information goods or services provided by each of the following institutions (do not use class note or text book examples): -government -nonprofit organizations -profit organizations 4 Give one example of information goods or services financed by each of the following institutions (do not use class note or text book examples): -governments -nonprofit organizations -profit organizations -tax payers in the community -individuals benefiting from the good 10 Study Fig. 1. Rank A, B, C and market demand curves from the most elastic one to the least elastic one Demand for public good Individual demand curves (A, B, C) vs the market demand curve (A+B+C) -each individual demands different quantities of goods at different prices - the market demand is the sum of all the individual quantities demanded and individual prices offered -the market demand can be viewed as the public good demand Fig. 1 Individual demand curves and market demand curve. Notice the variations between individual demand elasticity $Price Market Demand (A+B+C)| C's Demand B' Demand A's Demand Quantity