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Firdavs [7]
3 years ago
8

Why do markets produce too few public goods for consumption??

Social Studies
2 answers:
Mama L [17]3 years ago
8 0
You don't want to oversaturate the market with a mass of public goods. There would be no reason for the customer to follow up. For example if Apple released the iPhone 1-7 it would not had helped them build the following they have today.
Alenkasestr [34]3 years ago
6 0

Because there is not a profit incentive for the markets

Before the market breakdown, the supply and market inside the market do not provide sufficient volumes of the goods where the value indicates the peripheral benefit of consumption.

The structure of business practices provides to market collapse. In the physical world, markets can't be comprehensive due to ineffective yielders, externalities, environmental affairs, and the shortage of public goods.

Government acknowledgments to business collapse incorporate enactment, direct provision of credit goods and government goods, assessment, grants, tradable permits, an augmentation of business rights, advocacy, and global cooperation among authorities.

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Lisa has a comparative advantage in writing papers over Laura, but Laura has an absolute advantage in writing papers over Lisa.
Sphinxa [80]

Answer:

Laura can write more papers than Lisa, but Lisa has a low opportunity cost to doing so.

Explanation:

Absolute and comparative advantage are important concept in the field of economics and trade. These concepts are used to explain the basis of foreign trade.

Absolute advantage refers to the situation when an economic agent can produce a product at better quality, faster and earn more profit than its competitor. It looks at the efficiency of producing a single good or service.

Comparative advantage takes into account the opportunity cost of producing a good or service. The opportunity cost is the cost of sacrificing the alternative.

Absolute advantage means Laura can write more papers than Lisa, but since Lisa has a comparative advantage she has a low opportunity cost to doing so.

7 0
3 years ago
What does seminole mean and who were the seminoles
ira [324]
The seminole was a Native American Tribe from florida. Seminole means a member of an American Indian people.
3 0
4 years ago
Which group did NOT believe in infant baptism because it felt only adults could exercise reason and free will?
Amanda [17]
I would go with A. 

Hope i was able to help :) 
8 0
4 years ago
I need help plzz if you answer i will give you a thank and 5 star and brillants
kodGreya [7K]

Answer:

SUBLIMATION:

sublimation transforms solid to gas

energy is added

particles are sped up

DEPOSITION:

gas to solid

energy is removed

particles slow down

for your images just look up each thing and there should be images

6 0
3 years ago
Read 2 more answers
PLEASE HELP QUICK!! WILL GIVE BRAINLIEST ANSWER
brilliants [131]

Well I would over explain it but you said quick so I believe your answer is B

Hope this helps!

8 0
3 years ago
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