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

Author Question: Your next-door neighbour has a beautiful rose garden. However, you are allergic to roses and cannot ... (Read 73 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
on: May 25, 2020

Question 1

Because public goods are characterised by being collectively consumed
◦ the government cannot produce them.
◦ they are illegal.
◦ the private sector may not provide them because they cannot exclude those who do not pay.
◦ they are very expensive, thus the private sector cannot provide them.

Question 2

Your next-door neighbour has a beautiful rose garden. However, you are allergic to roses and cannot use your garden because of the rose pollen that drifts into it. In this case, the rose garden is an example of
◦ a free-rider good.
◦ a public good.
◦ a good that imposes an external cost.
◦ a good that provides an external benefit.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kodithompson on May 25, 2020

Silverbeard98

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: May 25, 2020
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.
Answer Preview
Only 55% of students answer this correctly


kodithompson

  • Member
  • Posts: 566
Reply 2 on: May 25, 2020
Great answer, keep it coming :)

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Garden Phlox Garden Phlox
Garden Vista, Villa of Livia at Primaporta Garden Vista, Villa of Livia at Primaporta
Allergic rhinitis Allergic rhinitis
MORTEN (feat. Frida Sundemo) - Beautiful Heartbeat (Avicii Remix) MORTEN (feat. Frida Sundemo) - Beautiful Heartbeat (Avicii Remix)
The monastery garden where Mendel carried out his experiments on plant genetics. The monastery garden where Mendel carried out his experiments on plant genetics.
A wrinkled and round garden pea, the phenotypic traits in one of Mendel’s monohybrid crosses A wrinkled and round garden pea, the phenotypic traits in one of Mendel’s monohybrid crosses
Video: Neurosynapse Animation

For a complete list of videos, visit our video library