Good is considered excludable in consumption

Assignment Help Business Economics

Reference no: EM131163791

A good is considered excludable in consumption if: individuals who do not pay for the good are kept from enjoying its benefits

one individuals consumption of the good results in less of it being available for others to consume

one individuals consumption of the good has no affect on the amount available for others to consume

individuals who do not pay for the good can not be kept from enjoying its benefits

there are at least two firms who compete for buyers in the market for the good

Reference no: EM131163791

Questions Cloud

Explain which is the most likely diagnosis for the patient : Include an explanation of unique characteristics of the disorder you identified as the primary diagnosis. Then, explain a treatment and management plan for the patient, including appropriate dosages for any recommended treatments.

At what angular velocity is the maximum power delivered : At what angular velocity is the maximum power delivered? How would your analysis differ if there were many, many buckets on the wheel, so that the jet was continually striking at least one bucket?

Explain the difference between fixed-floating exchange rates : Explain the difference between fixed and floating exchange rates. The answer must be explain the concepts as if your explaining it to a person who have no knownlege with the subject.

Binary search tree considering all possible cases : Write an algorithm that deletes a node from a binary search tree considering all possible cases. Analyze your algorithm and show the results using order notation.

Good is considered excludable in consumption : A good is considered excludable in consumption if: individuals who do not pay for the good are kept from enjoying its benefits

Discuss how you would use an opinion editorial : Given the power of the media, discuss how you would use an opinion editorial, a personal interview, websites, texting, Facebook, Twitter, and/or blogs to influence public opinion relative to your policy priority childhood obesity. What issues abou..

What role does communication play in this scenario : What approach should a manager take to ensure cooperation rather than resistance? What role does communication play in this scenario

Central bank reduced real interest rates to zero percent : In the 1990s and early 2000s, Japan's central bank reduced real interest rates to zero percent, but investment spending did not respond enough to bring the economy out of recession. Japan's experience is an illustration of: Athe crowding-out effect. ..

What would be different strategies used to maximize revenue : When you want to evaluate the terminology, what would be the different strategies used to maximize revenue and what would be the ones to maximize profits?

User Account

All Pages