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 72 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
:D TYSM

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

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 use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Beautiful Wedding Beautiful Wedding
garden spider garden spider
Garden Phlox Garden Phlox
Beautiful Beautiful
Martha Rosler, Gladiators, from the series House Beautiful: Bringing the War Home. 2004 Martha Rosler, Gladiators, from the series House Beautiful: Bringing the War Home. 2004
Henry Fox Talbot, The Open Door. Henry Fox Talbot, The Open Door.
Video: The life cycle of protein

For a complete list of videos, visit our video library