This topic contains a solution. Click here to go to the answer

Author Question: Public goods are unlikely to be provided by the private sector because A) the production of the ... (Read 94 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
Public goods are unlikely to be provided by the private sector because
 
  A) the production of the good creates negative externalities.
  B) no one can be excluded from the consumption of the good.
  C) the consumption of the good creates negative externalities.
  D) the exclusion principle does not apply to public goods.

Question 2

A price floor that is set above market equilibrium will cause
 
  A) an excess quantity demanded.
  B) a shortage.
  C) a surplus.
  D) queuing on the part of consumers.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

B

Answer to Question 2

C





 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

For a complete list of videos, visit our video library