Goods are difficult to provide in the private market

Assignment Help Business Economics

Reference no: EM13798015

Public goods are difficult to provide in the private market because they have the characteristics of:

rivalry and exclusivity.

nonrivalry and nonexclusivity.

rivalry and nonexclusivity.

nonrivalry and exclusivity.

Reference no: EM13798015

Questions Cloud

Example of a pure public good : Which of the following is the BEST example of a pure public good?

Government often strictly regulates noise-chemical pollution : The government often strictly regulates noise and chemical pollution by industry to overcome which market failure?

Define the six sigma approach : Using the Six Sigma Approach (DMAIC), provide an example situation that utilizes the five-step plan, and determine three to four challenges you may encounter using this approach. Provide specific examples to support your rationale.

Minimum level of auto and motorcycle insurance : All licensed drivers are required by law to purchase a minimum level of auto and motorcycle insurance (well, if they own either of the two). However, the vast majority choose to buy much more insurance than the required minimum. It’s also true t hat ..

Goods are difficult to provide in the private market : Public goods are difficult to provide in the private market because they have the characteristics of:

Determine which statistical technique you will employ : Determine which statistical technique you will employ to measure the quality characteristics of your organization. Provide examples to support the rationale.

Define organizational psychology : Define organizational psychology

Market is likely to fail due-provider of electricity : If there is only one provider of electricity in a city, then that market is likely to fail due to:

Keep a market from ending up in equilibrium : Which of the following could keep a market from ending up in equilibrium?

User Account

All Pages