Microeconomics

A workplace externality benefits fellow workers.

Started by aabwk4

All goods that generate external benefits are public goods.

Started by joblessjake

Recall the Application about the benefits provided by the LoJack auto recovery system to answer the ...

Started by Deast7027

Governments require immunizations of school children and offer immunization shots for free to low ...

Started by TVarnum

If the government did not provide and subsidize education:

Started by abern

Scientific research is subsidized by the government because:

Started by Frost2351

Each fall the government subsidizes flu shots because:

Started by tfester

If a private good generates external benefits:

Started by JGIBBSON

When private goods have external benefits:

Started by newyorker26

Goods that have external benefits include:

Started by ssal

Which of the following is true about private goods?

Started by savannahhooper

If you get a flu shot and pay $10 for it, the flu shot is:

Started by madam-professor

The benefit from a good experienced by people who do not decide how much of the good to produce or ...

Started by Mollykgkg

Why is it easier to raise $1 million in voluntary contributions for medical research into a deadly ...

Started by ss2343

Provide an intuitive explanation of the free-rider problem.

Started by craiczarry

Suppose that your local government provides drinking water and charges a 10 cent per gallon. Explain ...

Started by stevenposner

Alissa is studying for her principles of economics exam. She tells her study partner that "Only a ...

Started by bio_gurl

The free-rider problem is larger for private goods than it is for public goods.

Started by Charlie

Fireworks on the night on July 4th are neither rival nor excludable.

Started by xroflmao

Public goods are always provided by the government because private markets do not have an incentive ...

Started by EAugust

If you can consume a good at the same time that others consume the same good, the good is nonrival ...

Started by folubunmi

A good is nonexcludable in consumption if it is not practical to exclude people who don't pay for it ...

Started by pepyto

A good is nonrival in consumption if it is not practical to exclude people who don't pay for it from ...

Started by viki

Externalities always consist of benefits that are not confined to the person or organization that ...

Started by Shelles

Recall the Application about the benefits generated when one country gathers information on global ...

Started by azncindy619