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devlian [24]
3 years ago
13

A public good Multiple Choice is available to all and cannot be denied to anyone. can be profitably produced by private firms. i

s characterized by rivalry and excludability. produces no positive or negative externalities.
Business
1 answer:
lara31 [8.8K]3 years ago
8 0

Answer:

is available to all and cannot be denied to anyone.

Explanation:

Public goods are both nonexcludable and nonrivalrous. This means that everyone is entitled to use them and when someone is using them it doesn't mean others can't use them at the same time. Of course there is always a limit to the capacity of their use, like roads can only be used by certain amount of cars.

For this particular characteristic of public goods is that private firms don't offer them. Private firms' main concern is making the largest possible profit and public goods usually aren't profitable. That is why the government has to provide public goods since no one else will.

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Consider a production possibilities frontier (PPF) with good X on the horizontal axis and good Y on the vertical axis. The PPF i
Ahat [919]

Answer:

C

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

If the PPF is a straight line, it means there is a constant opportunity cost no matter the point one is on the curve

8 0
3 years ago
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Drupady [299]
That statement is true

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8 0
3 years ago
an organization's __ refers to all relevant forces inside a firm's boundaries, such its mangers, employees, resources, and organ
Lorico [155]

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5 0
3 years ago
The Wilmoths plan to purchase a house but want to determine the after-tax cost of financing its purchase. Given their projected
iVinArrow [24]

Answer:

the annual after-tax cost of financing the purchase of the home is $23,638.40

Explanation:

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We simply applied the above formula

6 0
3 years ago
Choose all that apply.
lana [24]
I would recommend a savings account
7 0
3 years ago
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