Answer:
individuals will tend to become free riders, and private firms will have difficulty generating enough revenue to produce an efficient quantity of the good.
Explanation:
A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue
The free rider problem is a form of market failure. It occurs when people benefit from a good or service of communal nature and do not pay to enjoy these services.
Because a public good is non-excludable, the problem of free rider increases so private firms would be unable to generate adequate revenue
Answer:
The answer is true
Explanation:
The law of comparative advantage describes how, under free trade, an agent will produce more of and consume less of a good for which they have a comparative advantage.
She is an example of an <u>"interactive" </u>leader.
Interactive leadership focuses on making the association's welfare the main need by developing every single representative to help its bearing and endeavors. Strong pioneers persistently stress the way that if the association wins, everybody wins. Each worker movement that helps and advances this conviction must be sustained and supported.
Answer:
false
Explanation:
pretty sure that is false as one can have life insurance without property.
Still double check...
