This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain why a freeway under certain circumstances may not be easily classified as a pure public ... (Read 46 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
on: Jun 29, 2018
Explain why a freeway under certain circumstances may not be easily classified as a pure public good.
 
  What will be an ideal response?

Question 2

What is meant by direct regulation of pollution emissions? What is the problem with this method of pollution control?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wfdfwc23

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 29, 2018
Answer to Question 1

A pure public good is one in which there is no ability to exclude non-payers and bestow collective benefits. The use of a freeway during rush hour traffic may actually impose a cost on others that use the freeway by adding to everyone else's commute time. In addition, toll ways can and are installed to keep non-payers from enjoying the good.

Answer to Question 2

Direct regulation typically takes the form of uniform treatment of polluters. Direct regulations can include requiring all polluters to reduce pollution by a fixed amount or install similar pollution abatement equipment. Unlike market-based solutions to pollution control, direct regulation does not take into account differences in firms' costs of reducing pollution.As a result, the cost to society of pollution abatement may be larger than it needs to be.
A-head: ECONOMICS OF THE ENVIRONMENT
Concept: Direct regulation


Capo

  • Member
  • Posts: 545
Reply 2 on: Jun 29, 2018
Wow, this really help

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

U.S. Study on Identity Achievement With age, more young people are classified in identity achieveme U.S. Study on Identity Achievement With age, more young people are classified in identity achieveme
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Three days after the Boston Marathon explosion, the FBI released this photograph that had been taken Three days after the Boston Marathon explosion, the FBI released this photograph that had been taken
The puppet, created for the Tbilisi Marionette Theatre, is controlled by forces hidden from public ... The puppet, created for the Tbilisi Marionette Theatre, is controlled by forces hidden from public ...
An example of a cover letter sent in response to a classified ad. An example of a cover letter sent in response to a classified ad.
Prime Numbers & Public Key Cryptography Prime Numbers & Public Key Cryptography
Video: Digestion Animation

For a complete list of videos, visit our video library