1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kramer
3 years ago
15

A city street is a. always a public good, whether or not it is congested. b. a public good when it is congested, but it is a com

mon resource when it is not congested. c. a common resource when it is congested, but it is a public good when it is not congested. d. always a common resource, whether or not it is congested.
Business
2 answers:
Cerrena [4.2K]3 years ago
6 0

Answer:

c. a common resource when it is congested, but it is a public good when it is not congested

Explanation:

we have to look at the definition of public good:

A public good when consumed to not impact nor deprive other from consuming (the light of a lighthouse) Thus are non-rivalrous and available for everyone.

The city-streets have this concept but, their supply is compromised when congested as the sheer amount of vehicles reduced the use of that street for other drivers (they go along and drive for other street)

Thus, we can state city street are quasi-public goods which, behave as common resource when congested.

anyanavicka [17]3 years ago
4 0

Answer:

a common resource when it is congested, but it is a public good when it is not congested.

Explanation:

We live in different areas, across city streets, with roads and they can either be public goods or common resources. Now, when the streets are not congested, it simply means that an individual can freely access the areas without that affecting any other person. In this simple case, the use by one person is not in rival consumption and so the streets are said to be a public good. But when the area is fully congested, people might find it difficult to move around through the areas. The use of the areas could cause negative externalities.  Because the place would be overcrowded, people can only move at a slow pace. In this case, the street are said to be a common resource.

You might be interested in
On January 15, 2020, Dolan Corp. adopted a plan to accumulate funds for environmental improvements beginning July 1, 2024, at an
Andreyy89

Answer:

Annual deposit (PMT) = $1,567,060.39

Explanation:

Given:

Future value of annuity due = $8,000,000

Rate of interest(r) = 10% = 0.1

Number of year (n) = 4 year

Annual deposit (PMT) = ?

Computation of annual deposit :

Future\ value\ of\ annuity\ due = PMT [\frac{(1+r)^n-1}{r} ](1+r)\\\\8,000,000 = PMT [\frac{(1+0.1)^4-1}{0.1} ](1+0.1)\\\\8,000,000 = PMT [\frac{(1.1)^4-1}{0.1} ](1.1)\\\\8,000,000 = PMT [\frac{(0.4641}{0.1} ](1.1)\\\\8,000,000 = PMT [5.1051]\\PMT = 1,567,060.39

Annual deposit (PMT) = $1,567,060.39

6 0
3 years ago
Following a long period of slow​ growth, the government of country X decided to open its economy and reduce trade barriers in or
Readme [11.4K]

This question is incomplete, here is the complete question:

Following a long period of slow growth, the government of country X decided to open its economy and reduce trade barriers in order to boost economic growth. This provided the expected impetus to the economy as competition increased and the efficiency of domestic firms improved. A decade after opening the economy, the country's GDP is now growing at an average of 7-8 percent annually. A group of economists claim that the standard of living of the people has improved substantially during this period. They also expect this impressive growth to continue over the next five years.

Which of the following, if true, will indicate that the standard of living has actually improved since the economy was opened?

A.Country X's leading trading partner reported a fall in the standard of living over the last two years.

B.Discretionary spending by domestic consumers increased during this time.

C.Overall exports increased because of a fall in domestic consumption during this period.

D.High interest rates have attracted a large amount of foreign investment over the last five years.

E.The government pegged its currency to a foreign currency three years back.

Answer:

(B) Discretionary spending by domestic consumers increased during this time.

Explanation:

When domestic consumers engage in increased discretionary spending, then it is safe to say that there is an improvement in the economy. As domestic consumers would rather spend only on essentials (food, clothing, and housing), when they have limited disposable income.

5 0
3 years ago
Looking through pages to find information that you have already identified is know as:
makvit [3.9K]

A.

because as you're passing the page you are scanning it and looking for the answer

8 0
3 years ago
Read 2 more answers
The roots of today's anthropology emerged from very early accounts of travelers in previous centuries. what about these accounts
NISA [10]
Early accounts of ethnic groups and their cultures and habits came from scientific travelers like George M. Dawson who became director of the Geological Survey of Canada. In his travels in Canada to explore its mineral potential, he encountered many native groups who he described and also wrote of their languages so this is an example of how early travelers laid the foundation for the studies of later anthropologists. 
5 0
3 years ago
The ending balance of accounts receivable was $74,000. Sales, adjusted to a cash basis using the direct method on the statement
denpristay [2]

Answer:

The beginning balance in accounts receivable was: $47,500

Explanation:

Sales reported on the income statement were $385,500, Accounts receivable increased of $385,500 during the period.

Sales, adjusted to a cash basis using the direct method on the statement of cash flows, were $359,000. The company collected $359,000 from the sales. Accounts receivable decreased of $359,000 during the period.

The beginning balance in accounts receivable = The ending balance of accounts receivable + Accounts receivable decreased during the period - Accounts receivable increased during the period = $74,000 + $359,000 - $385,500 = $47,500

5 0
3 years ago
Other questions:
  • Many managers, particularly those who have been with a company for a long time, are afflicted with "____________", which can get
    15·1 answer
  • Define the four factors of production and the differences between physical and human capital.
    5·1 answer
  • Mccaskell corporation's relevant range of activity is 7,000 units to 11,000 units. when it produces and sells 9,000 units, its a
    8·1 answer
  • Entries for Issuing Bonds and Amortizing Premium by Straight-Line Method
    8·1 answer
  • g Which item is an indication of integrity under the Standards of Ethical​ Conduct? A. Recognize and communicate professional li
    11·2 answers
  • The original capacity of the equipment is 10,000 units per year. After paying $2,500 to replace an important part, the company i
    7·1 answer
  • Kay and Jenny's, a restaurant, implements a new system that identifies and gathers information about its regular customers. It r
    11·1 answer
  • Suppose that you have $1 million and the following two opportunities from which to construct a portfolio: Risk-free asset earnin
    10·1 answer
  • Aster Inc. has developed a new digital three-tier food steamer. Though the product comes with a self-explanatory manual, the con
    8·1 answer
  • A. Explain why utilitarians might argue that both justice and well-being are intrinsically valuable.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!