Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. economics
  3. 1.can only government supply a public good? 2. wh

1.can only government supply a public good? 2. what is a public good 3. How is a...

70.2K

Verified Solution

Question

Economics

1.can only government supply a public good?

2. what is a public good

3. How is a Public Good Different than a Private Good

4. What are the Challenges related to public good? How shouldthe “ Free Rider” problems should be addressed.

Answer & Explanation Solved by verified expert
3.8 Ratings (737 Votes)
TheoryPublic goods are non rivalrous and non excludable in nature for example Defence 1can only government supply a public good It is not necessary that only govt provides public good private companies can also provide it eg toll roads for a certain charge or street lights can    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Civil Engineering
1.2K views

Describe the method available for repairing cracked foundation walls.

Physics
1.2K views

6 a A diffraction grating used at normal incidence gives a yellow line 6000 in...

Physics
1.2K views

9 A black hole is an object whose gravitational field is so strong that even...

Geometry
1.2K views

AT F B G D W H C In circle D which is tangent to...

Calculus
1.2K views

Recall sum law which states that if the limits lim f x and lim g...

Algebra
1.2K views

wer to a subtraction problem is called the sum difference product

Accounting
1.2K views

The following information applies to the questions displayed below.]Morning Sky, Incorporated (MSI), manufactures and sells...

Accounting
1.2K views

Business Processes and Risks Pizza Inc., a pizza take-out and delivery chain, is experiencing decreasing...

Accounting
1.2K views

Calculate the direct material price variance. Calculate the direct material quantity variance

Accounting
1.2K views

Brief Exercise A-13 Dempsey Railroad Co. is about to issue $298,000 of 10-year bonds paying...

Accounting
1.2K views

Craft Company reports the following partial activity-based costing information for its Deluxe model. Complete the...

Accounting
1.2K views

b