Two example of public property.

Q: What are the roles of the United States Fish and Wildlife Service in protecting the environmental…

A: Endangered Species Act of 1973 is a law in the United States so to protect endangered species. This…

Q: The value of a home depends in part on how attractive other homes and yards in the neighborhood are.…

A: The externalities are the additional costs or benefits received by the third person who is not…

Q: State whether the given statement is true or false. Give reason to support your answer.…

A: The given statement construction of dam can have negative impact on ecosystem is absolutely true.

Q: (Positive Externalities) The value of a home depends in part on how attractive other homes and yards…

A: The value of a home depends in part on how attractive other homes and yards in the neighbourhood…

Q: Compare and contrast the different approaches to environmental policymaking

A: Environmental policymaking The term environmental policymaking means to issue laws, policies or any…

Q: Uses of public market

A:

Q: Why free-market environmentalism is not implemented?

A: Free market environmentalism would cause decrease in production of many firms.

Q: Why government needs to produce pure and impure public goods?

A: Public goods are the goods that are non-rivalrous and non-excludable which means that no one can be…

Q: The free-rider problem can be overcome using ____________________.

A: The problem of ‘Free Rider’ refers to an economic problem in which all the users of the services or…

Q: Externalities in Your Current Home Country Environmental Economic Market.?

A: Externalities occur when the exchange between buyers and sellers and it will affect the third person…

Q: Which property is NOT a characteristic of a good environmental protection policy?

A: The environmental protectionist policy would result in the protection of the environment which would…

Q: List and explain the two defining characteristics of public goods.

A: Public good is the good which is available for all the members of the society. The two main…

Q: List any two of the factors that can help communities manage a commons.

A: The ‘Tragedy of Commons’ is a situation that arises due to the over-use of common resources. The…

Q: A cement factory is located near a river which is also used for training sessions by a team of…

A: In welfare economics, externalities are the costs and benefits that are derived from an economic…

Q: How did California lead the way in terms of state environmental policy?

A: Environmental policy contains all the rules and regulations agreed to by an organisation or a…

Q: If the government overcorrected in a situation of external costs

A: An external cost is an economic term referring to the cost (negative) or benefit (positive) caused…

Q: In a community of 100 individuals every individual's demand curve for a public good is Q=16-9p,…

A: Answer; Calculate the socially optimal amount of the public good is 8

Q: Using deforestation as an example explain negative externalities

A: Negative externalities may be prevented by charging products and services that cause spill over…

Q: Explain why the private provision of public goods leads to an inefficient level of public goods.

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: Discuss the two approaches to environmental enforcement in industrial democracies

A: Environmental enforcement refers to a government's efforts. It is to ensure that environmental…

Q: private and public

A: It is possible to differentiate between public goods and private goods. It can be done by analysing…

Q: Talk about Environmental scanning.

A: Environmental scanning is the process of continuously monitoring the organization and detecting the…

Q: How did Jefferson contribute to public policy regarding the distribution of public lands?

A: Thomas Jefferson was an American statesman, diplomat, lawyer as well as a prominent personality who…

Q: When a corrective tax is created so that it equals the external costs linked to the production of a…

A: A corrective tax is an instrument used by the government to address market failure. Taxes increase…

Q: What are the efficiency and equity consideration when providing public goods?. Kindly explain

A: Public goods are those goods that are non-excludable and non-rivalrous in nature. Non-excludable…

Q: discuss in detail the nature of production, profit and costs within the public sector

A: The influence of government revenue, expenditure, and investment decisions is studied in public…

Q: Why are common property resources subject to market failures due to non excludability? Please…

A: The market failure occurs where the market forces do not deliver an efficient result.

Q: Your neighbor has a tree that blocks your view of a distant hill. Your neighbor values the tree at…

A: The tree that the neighbor has planted is blocking the view so it creates negative externality which…

Q: How Governments Address the Existence of Negative Externalities in Environmental Economic Markets?

A: Considering the negative externality in the environmental economics, it refers to the uncompensated…

Q: Mankiw Chapter 11 Question 8 The federal gov't tests the safety of car models and provides the test…

A: Public good refers to those goods that are non rivalry and non excludable in nature.

Q: You are an industry analyst that specializes in an industry where the market inverse demand is P =…

A: As the question has more than three subparts, we are answering the first three subparts only. Please…

Q: Price S (full social cost) Externality Cost Sp (private cost) E G D Q, Q2 Q, Quantity

A: The equilibrium point is the one where the marginal benefit is equal to the marginal cost.

Q: In performing benefit-cost analysis, we define users as the public andsponsors as the government.…

A: Cost- Benefit analysis is the process of measuring the benefits of a decision taken in comparison to…

Q: An external cost arises from the use of fossil fuels because of global warming. If fossil fuels are…

A: Here, it is given that the external cost is associated with the use of fossil fuels due to the issue…