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alex41 [277]
2 years ago
12

The under-supply problem associated with free-riders and goods can be solved by making the good or service more .

Business
1 answer:
Cloud [144]2 years ago
5 0

the under-supply problem associated with free-riders and public goods can be solved by making the good or service more excludable

What is public goods ?

A public good is a good that is both non-excludable and non-rivalrous in economic terms. Users cannot be denied access to or use of such goods for failing to pay for them. Furthermore, use by one person neither prevents nor reduces the availability of others.

A public good is a commodity or service that is made available to all members of a society in economics. These services are typically administered by governments and funded collectively through taxation. Law enforcement, national defense, and the rule of law are examples of public goods.

Defense, lighthouses, streetlamps, and clean air are all examples of public goods. They are all non-exclusive and non-rivalrous in terms of the public good.

To know more about public goods follow the link:

brainly.com/question/25498461

#SPJ4

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Answer:

C.

Explanation:

The law of demand states that when the price of a good or service increases, the quantity demanded decreases and when the price decreases the quantity demanded increases (other things constant).

Is not option A because it says changes in income and not changes in prices. Is not option B because it says the opposite that the law of demand states: when the muffins price is low, Melissa buys fewer than when the price is high. Is not option D because the law of demand is not directly related with substitute goods. It is option C because when the price is low ($0.25) Dave buys more donuts than when the price is high ($0.50)

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Which business environment are SMEs part of? Micro, market,macro environment and why
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Micro-environment factors include internal factors i.e. customers, suppliers, competitors, etc. whereas macro-environment has external factors like political, social, economic, etc.



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3 0
3 years ago
In its negotiations with its investment bankers, Patton Electronics has reached an agreement whereby the investment bankers rece
lara [203]

Answer:

Explanation:

Present Value of Entire Underwriting Compensation=

Commission as a fixed % of Gross Proceeds + PV of Gain by exercising option to purchase shares.

Fixed Commission= 5000000*0.06

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Gain by exercising option=200000*(12-5)

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PV of Gain =1400000/(1+0.15)

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What do you think is the hardest part about being a good leader?
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Taking Care Of Business And Monitoring Everyone

Explanation:

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This step helps to ease the work making a new employee know what to expect in their new firm.

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