amwatkins949 amwatkins949
  • 20-10-2017
  • Business
contestada

Is the free-market quantity of public goods generally greater or less than the efficient quantity?

Respuesta :

nicks20
nicks20 nicks20
  • 01-11-2017
The free-market quantity of public goods is generally LESS THAN THE EFFICIENT QUANTITY.
Free market is an idealized system of market where the prices of goods and products are determined by an open market and consumers. In this market system, the government does not impose laws and regulate the market. 
Answer Link

Otras preguntas

313, 307, 301, ... Find the 42nd term.
Genetics practice- horses worksheets answers key
steel has a density of 7.8g/cm cubed. calculate the mass of a cubic block with a side length 5.0cm
Consider the following processes: 1. A ─→ B delta H = ─100 kJ 2. B ─→ C + D delta H = ─50 kJ 3. E ─→ D delta H = ─25 kJ What is the delta H for the process: A ─
List & describe two types of mutations that can occur in a nucleic acid molecule.​
A triangular prism: 4cm 5cm 6cm whats the volume??
Provide an intuitive explanation will behave exactly like the function ax2 shifted horizontally 2a 4a2 a so it sits at x = − b on the x-axis and then shifted up
An input gear turns four times. How many times will the output gear turn if the gear ratio is 0.5? Does the input gear have more or fewer teeth than the output
The assets and liabilities of a landscaping business are listed below. What is the net worth of the landscaping company? $126.790 $187.205 $282.799 $470.004
Given that log 2 = 0·3010 and log 3 = 0.4771," without using tables or calculator, calculate log 75​