What is One of the most important aspects of any public project to quantify the benefits in dollars? Give an example?

Q: How do​ taxes, pollution​ charges, and​ cap-and-trade work to reduce​ emissions?     Taxes and…

A: Emissions are the substances or particles that are emitted in the environment such as air or water…

Q: If a Pigouvian tax is used to reduce carbon emissions, it must be set to be equal to 1. the private…

A: A Pigouvian tax is a type of government tax on any market activity that creates negative…

Q: what is public consumption? Explain.

A: The use of goods, as well as services by individuals or households, is known as consumption. There…

Q: In order to decide on the level of the fire-risk-reduction project they should undertake, what…

A: A project value proposition is a statement that shows tangible results that a customer gets from…

Q: Which of the following is an example of a pure public good? a. A hamburger sold in a restaurant on…

A: Pure public goods are those that are fully non-rivalrous and non-excludable in terms of consumption.…

Q: What are the two characteristics of public goods? Explain the signifificance of each for public…

A: ANS A public good typically has 2 main characteristics they are as follows: Non-Rivalry : A good is…

Q: In a market without environmental regulations, will the supply curve for a firm account for private…

A: ANS In the absence of environmental regulations a firm is allowed to emit pollution without any…

Q: Should the Park Service be concerned about the economic impact of a reduceddemand for visits on…

A: Meaning of Economic Impact or Market Economy on Demand: It refers to the products that society…

Q: When people decide to buy cars, they have to decide between fuel economy and other features. It is…

A: Public goods refer to the goods which are available for all the individuals in equal quantities…

Q: The use of fuel (gasoline and diesel) taxes to fund building and maintaining roads and highways is…

A: Answer - Horizontal Equity - Under this individual with same income or assets should pay same amount…

Q: Can we use benefit-cost analysis to choose among alternatives in allocating funds for such projects…

A: Yes, we can use benefit-cost analysis to choose among alternatives in allocating funds for such…

Q: What is cost–benefit analysis of public goods?Why is it important? Why is it hard?

A: Public goods are the goods that are neither rival nor excludable. The cost benefit analysis compares…

Q: Should governments subsidize recycling programs if they are run at an economic loss? What types of…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Local governments often ask resident voters to approve millages to cover the cost of local services…

A: (Q) Local governments often ask resident voters to approve millages to cover the cost of local…

Q: A global-positioning anti-theft device installed by one car owner can produce a positive spillover…

A: We are going to use Marginal benefit- Marginal Cost analysis to answer this question.

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: What policies are most relevant to promoting a transition to renewables? Is this likely to occur…

A: Environmental economics is a part of economics that deals with the societal impact of environmental…

Q: How is the “free-rider” problem so potentially vexing to the challenge of mitigatingclimate change?

A: Public goods are those goods which are non-rivalrous and non-excludable.

Q: "Road transport will always face congestion at peak periods as roads are a pure public good." Is…

A: The goods in the economy are classified into 4 categories: public good, private good, common goods…

Q: Explain what public goods are, and why public goods are provided by the government, u

A: A public good is a common good or service for which making customers pay individually and excluding…

Q: Which of the following would be examples of green goods? Select all that apply. zero-emission…

A: Green goods and products include occupations for organizations that produce merchandise and offer…

Q: Discuss how the government uses tax credits, direct payments, and deficiency payments to subsidize…

A: A subsidy is a monetary payment from the government to an enterprise. It causes the price of…

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: What is the importance of the enforcement private property rights as it relates to the mitigation of…

A: Market failure is a situation when the market mechanism fails to produce most efficient outcome of…

Q: What are the definitions of local public goods, club goods and congestible goods?

A: Excludability is the degree to which consumption of a good or service is limited to paying…

Q: What can the government do to solve the problem of inadequate levels of public goods? Explain how…

A: inadequate levels of public goods refers to the market failure and in economics, market failure is a…

Q: Explain the concept of public goods in terms of environmental economics.

A: Public goods are those goods which are freely available on the market and whose use does not affect…

Q: What is a balanced transportation problem? Describe the approach you would use to solve an…

A: A balanced Transportation Problem is a problem where that arises in transportation and the total…

Q: discuss in detail The nature of the public sector from the perspective of production, profit, costs.…

A: Introduction: The present notion of components of production is mostly drawn from a neoclassical…

Q: A global-positioning anti-theft device installed by one car owner can produce a positive spillover…

A: "Since you have asked a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Define cost-benefit analysis (Select measurement and measure old cost/benefit elements upon…

A: An in-depth cost-benefit analysis may be adequate to make a well-informed, logical decision for…

Q: Question 1 A global-positioning anti-theft device installed by one car owner can produce a positive…

A: Positive externality refers to the situation where the third party who does not involve in the…

Q: What are public goods ? State few examples of public goods.

A: Public goods are goods which are non-rivalry and non-excludable in consumption. These goods are used…

Q: Identify two benefits of CAFE standards. See additional directions below. Identify two costs of CAFE…

A: CAFE standard is corporate average fuel economy standard in US was implemented in the 1970s. It sets…

Q: What is the primary purpose of a public sector project?

A: A public sector project is the project that is owned, operated and financed by government. The…

Q: The government has decided to impose a pollution tax on coal burning power plants in an attempt to…

A: please find the answer below.

Q: Discuss the pros and cons of various solutions for avoiding the problems associated with the…

A: Public goods are the goods that are non- excludable and non- rivalries. Public good are designed to…

Q: Is the Benefit-cost analysis a decision-making tool for systematically developing useful information…

A: A Benefit-cost analysis is a process of evaluating prospective costs and benefits of any project…