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
Oksana_A [137]
3 years ago
12

private markets fail to provide the optimal amount of some good such as public firework displays because

Business
1 answer:
LiRa [457]3 years ago
8 0

Answer: Because private companies will have difficulty getting anybody to pay for them.

Explanation:

Private markets fail to provide the optimal amount of some good such as public firework displays because private companies will have difficulty getting anybody to pay for them.

The main motive behind private markets are simply for making of profit but for public, the main motive is for the government to satisfy the needs to the people. Hence, with regards to the question, the answer will be that there'll be difficulties encountered in getting people to pay for the goods.

You might be interested in
The characteristic that all forms of direct marketing have in common is that they:
dlinn [17]
The characteristic that all forms of direct marketing have in common is that they:

are carried out by agents or brokers.

involve face-to-face or teleconferencing sessions with the customer.

include some type of activity that directly links manufacturers to the ultimate consumer.

make use of exclusive distribution systems with a network of traditional "bricks and mortar" stores.
5 0
3 years ago
A computer microphone company finished its competitive advantages exercise and needed a way to gauge its position in the market
bearhunter [10]

Answer: Perceptual map

Explanation:

Perceptual map ref to the diagrammatic technique that is used in visually displaying the perceptions of the customers.

The perceptual map is also referred to as the visual representation with regards to the customers perception about the attributes of a company and its brand.

The perceptual map can be used by the microphone company.

8 0
3 years ago
The Solow model predicts that, over time, real GDP in developing economies could potentially converge to the same level of real
LekaFEV [45]

Answer: c. Over time, developing economies become richer, and developed economies become poorer, until they reach the same level of wealth.

Explanation:

The Solow model which is a neoclassical framework focuses on long term Economics and does indeed speak to the convergence of the Real GDPs of Developed Countries with that of Developing countries.

However, of all the options listed, Option C goes against the model because convergence cannot happen if the Developed Countries keep getting richer while Developing countries keep getting poorer. Should that happen, they will never get to the same level of wealth and indeed might end up on opposite sides of the wealth spectrum with Developed Countries being extremely wealthy and Developing countries being extremely poor.

For convergence to happen, the conditions in A, B and D are preferable as they can indeed bring about the said convergence.

7 0
4 years ago
What is the disadvantage of using a bedpan or a male/female urinal bottle?
MArishka [77]

it is very hard to use jt

3 0
3 years ago
Firms pursuing a ________ strategy focus on the realization of location and experience curve economies.
Kazeer [188]

Firms pursuing a global standardization strategy focus on the realization of location and experience curve economies.

<h3>What is a global standardization strategy?</h3>

The capacity to apply standardized marketing messaging and campaigns across markets, regions, and cultures is referred to as a global standardization strategy. Global standardization is used by the world's largest brands, such as Adidas and Coca-Cola, to offer a consistent brand experience across countries and languages.

For example, the Coca-Cola Company uses global standardization in marketing by keeping the product's presentation largely consistent throughout markets. Even though several languages are shown on the items, the corporation uses the same design motif.

These advantages include cost reduction, international price reduction, competitive decrease, market position consolidation, and promotion of a distinct international image.

To know more about global standardization strategy follow the link:

brainly.com/question/17159333

#SPJ4

8 0
2 years ago
Other questions:
  • A new accounting firm is created with a mechanistic and centralized structure. Personnel from which of the following countries w
    12·1 answer
  • Why did gateway choose not to carry any finished product inventory at its retail stress? why apple choose to carry inventory at
    15·1 answer
  • The intangibility aspect of a service means that
    5·1 answer
  • AAA Hardware uses the LIFO method to value its inventory. Inventory at the beginning of the year consisted of 10,000 units of th
    12·1 answer
  • Arista always spends 30 30 % of her income on purses. Assume that her income increases by some percentage while the price of pur
    7·1 answer
  • Which of the following statements about FDIC-insured accounts is correct?
    8·2 answers
  • Sundry Credit
    6·1 answer
  • Average fixed costs a. are defined as the change in total costs divided by the change in output. b. will always increase as outp
    15·1 answer
  • If $13,000 is borrowed at 5.8% simple interest for 10 years, how much interest will be paid for the loan
    6·1 answer
  • The 10 million U.S. residents with the highest SES (and the best health care) outlive the 10 million with the lowest SES who liv
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!