--%>
Assignment Help - homework help

Describe Quasi-public goods

Describe Quasi-public goods?

E

Expert

Verified

Quasi public goods are those that have large spillover benefits, so government will sponsor their provision. Otherwise, they would be underproduced.  Medical care, education, and public housing are examples.

   Related Questions in Business Economics

  • Q : Activities of speculators in long turn

    The activities of speculators tend to, in the long run: (w) decrease the volatility of prices. (x) attract legal attention resulting in imprisonment. (y) increase the level and volatility of prices. (z) yield tremendous profits and raise costs to cons

    		•
  • Q : Factors of account since the Second

    For rapid growth of world trade what are the factors of account since the Second World War?

    		•
  • Q : Freedom is to some extent illusory

    Illustrate “freedom is to some extent illusory”?

    		•
  • Q : Factor Price Equalization theorem

    Please answer each of the exercises below. While you may work together on the homework, you must turn in your own work (in your own words). Homework must be handed in at the beginning of class on the due date unless other arrangements have been made. No late homework will be accepted. Homework wi

    		•
  • Q : When Economic efficiency is present

    Economic efficiency is present while the: (w) economic system is a pure socialist system. (x) resources obtainable are slightly wasted. (y) value of output is maximized, specified restricted resources. (z) utilization of resources is minimized. <

    		•
  • Q : Illustrate the changes in Demand

    Illustrate the changes in Demand, Supply and Equilibrium?

    		•
  • Q : Elucidate the gains that have occurred

    Elucidate the gains that have occurred using the resources as before specialization?

    		•
  • Q : Freely Floating Currency Question: For

    Question: For a freely floating currency, currency i.____________________ occurs when the market value of a country's currency rises relative to the value of another country's currency, while currency ii.__________

    		•
  • Q : Subjective aspects of pricing- economic

    Adam Smith must have emphasized more strongly how his Wealth of Nations drew concepts and inspiration by Richard Cantillon’s Essai. Now today’s perspective that the Wealth of Nations would considered even

    		•
  • Q : What are the benefits and costs of

    What are the benefits and costs of Marginalism?

    		•