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d1i1m1o1n [39]
3 years ago
5

Explain briefly why the private market for public goods is typically characterized by underprovision. Under what situations will

we expect the private market to overcome this problem (at least partially)?
Business
1 answer:
Dafna1 [17]3 years ago
3 0

Answer:

Exclusivity of the goods and services

Explanation:

The private market suffers as a result of the underprovision of the public goods. When this situation takes place, there is a tendency for the private market to try to develop ways to make the goods excludable. The phenomenon results in an additional problem such as the free rider problem. This is a case where an investment has  a personal cost that is raised. The provision of public goods works when individuals value the benefits of and costs to others in making their consumption choices.

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A __________ is a written document that details the business idea, the target market and the business's competitive advantage, f
Alina [70]

Answer:

business plan

Explanation:

A<u> business plan</u> is a written document that details the business idea, the target market and the business's competitive advantage, financial resources available for the business, and the qualification of the management.

7 0
4 years ago
Nonprice competition refers to:
umka21 [38]

Answer: Option C

Explanation: Non price competition can be defined as the business strategy under which one entity tries to distinguish its commodity offered from another entity in the market with the help of advertising and promotion etc.

Non price competition is generally seen in the oligopoly market structure. The difference between two products in an oligopoly having non price competition is based on the design or workmanship of the manufacturer.

6 0
3 years ago
Look at the picture, which one is the correct answer?
patriot [66]
Probably production function
6 0
3 years ago
Read 2 more answers
Why do you think “AMAZON” became successful
JulijaS [17]
I believe that Amazon became successful as a business model by in some ways mimicking Sears model. At first Amazon only sold books and once they had mastered that successfully they were able to put many independent book stores out of business and then focused their energies on every other non perishable item that people needed. They took on toys clothing, food items etc. Sears did this by providing items out of their catalog. Amazon does this from their online app. people create their accounts and can search from their phones and have things sent directly to their homes. The advancement of Amazon can be directly related to the demise of shopping malls.
3 0
3 years ago
mac, an nasm-cpt, has been working as a personal trainer at a health club for almost 3 years. he has consistently received posit
adell [148]

An opportunity which would be the most appropriate to pursue, given Mac's experience is a fitness manager.

<h3>What is NASM-CPT?</h3>

NASM-CPT is an abbreviation for National Academy of Sports Medicine Certified Personal Trainer and it can be defined as a title which is used to describe a physical fitness expert who is saddled with the responsibility of designing physical fitness exercises and conditioning programs that are based on clinical evidence and scientifically valid.

Also, NASM-CPT provide this guidance in order to help clients successfully achieve their personal health, fitness and performance goals by implementing the recommended physical fitness exercise programs while adopting suggested lifestyle modifications.

In this context, we can reasonably infer and logically deduce that an opportunity which would be the most appropriate to pursue, given Mac's experience is a fitness manager.

Read more on NASM-CPT here: brainly.com/question/28132531

#SPJ1

6 0
2 years ago
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