Social Studies, 01.07.2020 16:01 rygei2697
Both public goods and common resources involve externalities.
a. Are the externalities associated with public goods generally positive or negative? Use examples in your answer. Is the free-market quantity of public goods generally greater or less than the efficient quantity?
b. Are the externalities associated with common resources generally positive or negative? Use examples in your answer. Is the free-market use of common resources generally greater or less than the efficient use?
Answers: 2
Social Studies, 22.06.2019 12:40
Imagine a child who consistently gets mediocre grades and is often picked last for a team when games are played at recess. however, he likes to make silly jokes and play pranks, and he notices that people laugh when he does those things. the child starts to think that others are laughing with him, not at him. this is part of the process that charles cooley
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Social Studies, 22.06.2019 19:30
On a production possibility curve, data points that fall outside of the curve represent what
Answers: 2
Both public goods and common resources involve externalities.
a. Are the externalities associated w...
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