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Author Question: An important difference between the demand for a private good and the demand for a public good is ... (Read 85 times)

future617RT

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on: Jun 29, 2018
An important difference between the demand for a private good and the demand for a public good is that
 
  A) the resources used to provide public goods are common resources or government owned; the resources used to produce private goods are all privately owned.
  B) individuals reveal their preferences for a public good but they do not have to reveal their preferences a private good.
  C) the demand for a private good produces consumption externalities; the demand for a public good produces production externalities.
  D) individuals reveal their preferences for a private good but they do not have to reveal their preferences for a public good.

Question 2

In order to be binding, a price floor
 
  A) must lie below the free-market equilibrium price.
  B) must coincide with the free-market equilibrium price.
  C) must be high enough for firms to earn a profit.
  D) must lie above the free-market equilibrium price.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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scottmt

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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future617RT

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

bblaney

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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