All categories

2 years ago

Goods and services that cannot be readily provided by markets, such as national security and education, and are called

1 answer:

4 0

Goods and services that cannot be readily provided by markets, such as national security and education, are called Public Goods.

<h3>What are Public Goods?</h3>

Products and services that cannot easily be obtained through markets, either because they are too expensive for a single person to purchase or because everyone else would utilize them for free if one person did.
A good must be both non-excludable and non-rival in order to be categorized as a public good.
If the provider of the good cannot stop individuals who don't pay from using or consuming it, the good is nonexcludable.
If the consumption of one person does not prevent the consumption of any other person, the good is nonrival.
A prime example of a public good is national security. We all take advantage of this government service without giving it much attention.

To learn more about Public goods refer to:

brainly.com/question/14664702

#SPJ4

You might be interested in

Suppose Balin has $100 to invest in an opportunity that returns, for every $100 invested, $120 if it goes well but only $80 if i

iVinArrow [24]

Answer:

D) 200 percent profit; 100 percent loss.

Explanation:

There is a 50% chance that the company will make profit (20% profit) and 50% chance that it will lose money (20% loss).

Balin borrows $90 and invests $10 from his own money.

50% profit chance = $120 - $90 = $30 (200% profit)

50% loss chance = $80 - $90 = -$10 (100% loss)

4 0

3 years ago

9. Physical and mental examinations:

inna [77]

Answer:

Explanation:

palaran mode pramissss

3 0

3 years ago

Self-management is about (1) knowing who you are and what you want to accomplish in your life, and (2) making these things happe

Vinil7 [7]

1.true

2.false

ithink so

4 0

3 years ago

Why planning is important before starting a business?

allochka39001 [22]

Answer:

So you can get ready to know 'how to make your business good'

If you don't plan, then you'll forget to setup something is may be important

Explanation:

Hope this helps :)

3 0

3 years ago

5. When might a company decide that it needs to hire a human resource professional?

Elena-2011 [213]

Answer:

See Below

Explanation:

Below are a few reasons why a business might consider hiring a trained HR officer

It is recommended to hire a Human resource specialist once a company has 50 employees and above. When a business has over 50 employees, it needs someone trained to manage their welfare and other human resources issues.

When a company is growing or expanding rapidly, it requires to employ more people. No matter the size of a business, when a business is hiring people frequently, it needs an HR officer to coordinate the recruitment process.

If a manager spends over 3 hours a day handling employee issues, then it's time to employ a trained HR officer. This gives the manager time to focus on their core mandate. A dedicated specialist will be best suited to address employee issues, which is beneficial to both the company and the employees.

7 0

3 years ago