Which of the following is an example of a publicgood?a. residential housingb. national defensec. restaurant mealsd. fish in the ocean

Q: A Day in the Life: The Johnson's are you average American family living in the average community in…

A: Meaning of Externalities: The term externality refers to the situation where the cost is incurred…

Q: To achieve the optimal provision of public goods, the ect one: a. market should be allowed to arrive…

A: Public goods are meant for the benefit of society.

Q: Among the following to which the financing is done through public expenditure? a) Private b) Common…

A: Public goods are goods that are non-excludable and non-rival in production. A good is non-excludable…

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: Question 70 Listen Which combination of the matrix below characterizes a public good? Rivalry…

A: Here the term Rivalry means a person's consumption reduces the availability of that good for others.…

Q: Government raises it's expenditure on producing public goods. Which economic value does it reflect?…

A: # The goods which are available to all the public without any motive of Profits are public goods.

Q: What are the examples of PRIVATE COST?

A: Cost is the total expenditure incurred in the production of goods and services. The cost is…

Q: 24. When a good or service is Non-Rival and Non-Excludable, it is is classified as a a) Private Good…

A: Non-rival: A good or service is non-rival in nature if consumption of this good by a person does not…

Q: Is land preservation considered a public good? On one graph draw the MPB, MSB, and MPC = MSC curves.…

A: “Since you have posted a question with many sub-parts, we will solve three sub-parts for you. To get…

Q: Name 5 public goods and explain why they are public goods.

A: Introduction. Public Goods. It a non-excludable and non-rival good, that is, a public good. It means…

Q: What would happen if decomposers were not part of the ecosystem? No photosynthesis would occur. No…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Explain the term public goods with examples

A: Non-excludable: - it is a condition where a person cannot stop another person from using a good or…

Q: Which of the following is an example of a public good? a delivery truck national defence O milk a…

A: Public good refers to a good which is non excludable and non rival.

Q: What are the reasons for public failure

A: Public failure could be a result of various reasons, that has been explained as follows

Q: A Day in the Life: The Johnson's are you average American family living in the average community in…

A: 1) (Example D)- It is a Common Resource Explanation A common resource is a limited resource, such as…

Q: What are the objectives of the public sector

A: Public sector: It means the section economy that is owned, controlled, and operated by the…

Q: What are public and private goods?

A: Private good: In the case of private good goods that cannot be used by every one simultaneously.…

Q: Which of the following is a NOT public good provided by the government? O Police protection O…

A: public goods are Non rival  and Non Excludable. For example roads, Defence or police protection They…

Q: xplain the difference between pure public goods and pure private goods

A: Answer to the question is as follows:

Q: Nonrivalry and nonexcludability are the main characteristics of:         consumption goods.…

A: Public goods are those goods that are provided by the state for the welfare of the members of its…

Q: Name two examples of renewable natural resources

A: Renewable resources: These are natural resources, they can be replenished. These are present in…

Q: A) Explain the free rider problem, and how it happens in real Use three (3) real examples.

A: Note : Since you have uploaded multiple questions , only the first question shall be answered at a…

Q: A mosquito control program in a city is a A. private good B. club good C. common pool resource good…

A: Properties of goods: Excludability: A good is excludable if the consumption can be restricted if a…

Q: Distinguish between Public Goods and Private Goods. Give examples.

A: Public goods are those goods which are provided by the government and are available for the welfare…

Q: . What is Corporate Social Responsibility? What are the benefits of CSR?

A: Corporate social responsibility: A company must look into its impact on the social and environmental…

Q: How does public sector spending effect the economy and the businesses within?

A: Public sector spending is undertaken by the government of the country. This involves developing…

Q: Match the good with it's best characterization. A. Open-access resource B. Private good C. Public…

A: Public goods are those goods which benefit all the people of society whether he is poor or rich.…

Q: The diagram below refers to a situation where Rajah di bawah merujuk kepada sesuatu situasi di mana…

A: Externality refers to the spillover effect of a goon on third party which is not a part of economic…

Q: Which of the following is an example of a public good? Clean air State roads O National defense…

A: Public goods are non rival and non excludable in nature. That is its consumption can not reduce the…

Q: Explain why governments sometimes proceed with a project even if the private costs exceed the…

A: In the free market, the goods and services are provided by the private sector at the price…

Q: Would you please explain the reasons why we learn public economics and also mention the main role of…

A: Explain the reasons why we learn public economics The objective of study of public economic aspects…

Q: How are public goods different from private goods?

A: Public goods- Public goods (PB) are provided by the government and these are neither excludable nor…