Estimate value of the benefit that each unit provides

Reference no: EM13212757

The market demand for a public good can be determined by A)adding up how much each consumer is willing to pay for each unit of the public good. B) Adding up how much each citizen expects to consume at each possible price C) Adding up the total private benefits and external benefits that each quantity provides the citizens of a country. D) Estimating the value of the benefit that each unit provides and multiplying that by the number of consumers.

Reference no: EM13212757

Questions Cloud

Four imperatives of aligning sales and strategy : Explain how the organization has or has not adopted innovation principles to create new value for customers. Explain what you think the consequences might be or have been for the organization's future as a result.

Determine the angular velocity of the rod : Knowing that in the position shown the rod has angular velocity of 4 rad/s clockwise; determine the angular velocity of the rod after it has rotated through a 90°.

Explain ideal carbon monoxide in en equilibrium state : What is the volume of 0.2 kmol of ideal carbon monoxide in en equilibrium state where the gas density

Determine the maximum axial compressive force : A short 60-mm-diameter circular bar is made of a material for which the maximum safe compressive stress is 80 MPa and the maximum safe shearing stress is 30 MPa. Determine the maximum axial compressive force that can be safely applied.

Estimate value of the benefit that each unit provides : The market demand for a public good can be determined by A)adding up how much each consumer is willing to pay for each unit of the public good. B) Adding up how much each citizen expects to consume at each possible price C) Adding up the total pri..

How does artificial aging affect kic in a 7075 alloy : How does artificial aging affect KIC in a 7075 alloy? Which is likely to have a higher KIC: 7075-T6 or 7075-T7? Explain.

Determine the reactions at these supports : The 25-kg bar has a centre of mass at G.If it is supported by a smooth peg at C,a roller at A and cord AB, determine the reactions at these supports.

Compute the mass flow rate and power : Calculate the mass flow rate and power needed to run the compressor while assuming that oxygen can be treated as an ideal gas and that the gas at the entrance and at the exit is in local equilibrium.

What is the present value of the payment stream : You own a store, and short on cash, a customer offers to pay you $100 now, $200 next year, $300 in two years, and $400 in three years. What is the present value of this payment stream if the interest rate is 10%

User Account

All Pages