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andrezito [222]
3 years ago
7

Of those listed below, the best example of a pure public good is a. a public school b. a radio broadcast c. a hardcover copy of

a book d. a rock concert held in a small auditorium
Business
1 answer:
Rufina [12.5K]3 years ago
7 0

Answer:

b. a radio broadcast

Explanation:

The pure public good is a good which is non-rivalrous and non-excludable. Non-rivalrous represents that the goods does not diminshed in the case when more people consumed it while on the other hand, the non-excludable represents that the goods are available to all

Therefore as per the given options, the option b is correct

hence, the other options are incorrect

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Basile [38]

Answer:

PED= 0.1571

Explanation:

The price elasticity of demand (PED) indicates how the quantity demanded change when the price changes. Is defined by this equation:  

Price Elasticity of Demand = Percentage change in Q/ Percentage change in P  

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%Change in quantity is= -6%

PED= -6%/38.17%

In absolute value:

PED= 0.1571

If the PED is less than 1 then gasoline is considered as inelastic.

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What is the difference between buying shares of stock and buying bonds
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Answer:

See explanation section

Explanation:

The difference between buying shares and buying bonds are as follows:

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