Answer: Option (C) is correct.
Explanation:
Correct option: The government lacks information about what people are willing to pay for the good.
The government have less information about the willingness to pay of the consumers. So, this creates an obstacle for the government for a efficient provision of a public good.
So, the government have no clue about the minimum that a consumer can pay, this will lead to create problem for the government.
Government don't know to whom these public goods are to be provided.
Answer:
Equivalent annual cost method
Explanation:
Equivalent annual cost method is a method used to choose between two projects with an unequal life span
The decision rule is to choose the product with the higher Equivalent annual cost
Equivalent annual cost method is better for making this decision because if net present value is used, the project with the higher useful life would be chosen. this does not mean it is more profitable
Correct option: real value
The real value is the value of something (any product or service) in terms of other product or service while Nominal value is the value of something in terms of money. Here the value of college tuition which is a service is equal to the cost of Toyota Camry which is a product. Since the value of a service is equal to the value of a product, this is an example of real value.
Answer:
B
Explanation:
I believe it is the interest rate the federal reserve uses for loaning to banks. Its the minimal rate, also.
The main function of our large intestine is to absorb the water that is present in the insoluble food components we take in and its by-product would be the waste that is excreted from the body as faeces. The large intestine is followed by the anus and is preceded by the small intestine.
