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Delvig [45]
3 years ago
12

When a good is nonexcludable: a. a free-rider problem will exist. b. consumers will pay the producers the market price for the g

ood. c. producers will produce too much of the good. d. production will be efficient. e. the good will tend to be overproduced.
Business
1 answer:
Rashid [163]3 years ago
7 0

Answer:

a free-rider problem will exist.

Explanation:

Non-Excluded goods are public goods that cannot exclude the use of a particular individual or group of persons. As a result, it is almost impossible to limit the consumption these types of goods. The Non-excludable goods contains:  

1)Common pool resources: fish stocks, timber, coal

2)Public Goods: air, national defense, television

The free rider problem is an economic phenomenon that manifests itself in the fact that the consumer of the public good tries to avoid paying it.The free rider problem arises when an individual is consciously unwilling to pay for the public good, expecting to receive benefits without any payment. One of the striking examples of the manifestation of the free rider problem that is connected to the provision of public goods is the phenomenon of evading of the citizens from paying taxes.

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Answer: Option D is unemployed.

Explanation:

Option A is currently fully occupied with his education.

Option B, Janice is still in college and not fully into the labor market.

Option C, is a high school student, just looking for a part time job, not really unemployed.

Option D, is not really engaged in any job or education, so currently unemployed.

8 0
3 years ago
On its December 31, 2017, balance sheet, Calgary Industries reports equipment of $470,000 and accumulated depreciation of $94,00
Nadya [2.5K]

Answer:

The cost balance on 31 December 2018 is $518,000 while that of accumulated depreciation is $126,400

Explanation:

The balance of fixed assets is computed as

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= $470,000 + $100,000 - $52,000

= $518,000

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= $126,400

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