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.
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Answer:
The beta on Marvelous’ common stock decreases from 1.4 to 1.2
Explanation:
According to the scenario, computation of the given data are as follow:-
As we know that
Expected Return = Market Risk Premium × Beta + Risk Free Rate
If the Beta is decreased, this means that expected return is decreased too, and if the expected return decreases the market value is decreases too.
According to the analysis, The Beta on marvelous’ common stock decreases from 1.4 to 1.2 is correct option.
Answer:
B. Augmented products.
Explanation:
An augmented product has been improved by its seller with added features or services to recognize it from a similar product offered by its rivals. Augmenting a product includes adding intangible benefits or additional items that go past the product itself.
The actual product is the core product, whereas given by the Plezion Movie Palace to its customers is the augmented product.
<span>Electra experienced in this case the effect of legal, regulatory differences between the different markets in which they wished to introduce their new product. By choosing to use the lower motor speed, they eliminated the need to redesign the product for the various markets. Instead, one product could be produced and distributed worldwide.</span>
Answer:
C. It is a specialized form of licensing
Explanation:
