Example of public goods, Drinking at a public water fountain is: (w) a public good

Example of public goods

Drinking at a public water fountain is: (w) a public good because anyone may drink from it. (x) results in a negative externality because others can’t drink from this at similar time. (y) a positive externality because you are benefiting by other’s provision of the fountain. (z) not a pure public good because when you drink you are excluding others by using the fountain.

Please guys help to solve this problem of economics with some explanation.

View Complete Question

Related Questions in Business Economics

Q : What are the determinants of supply

What are the determinants of supply?

Q : Explain the cause of Trade barriers

Explain the cause of Trade barriers?

Q : Problem on private resource ownership

Relative to most of the other countries, the United States encompasses historically relied more greatly on: (1) Public resource ownership and private income distribution. (2) Decentralized decision making and private resource ownership. (3) Exports of textiles, automo

Q : Example of self interest to define

The concept of _____ was demonstrated by _____ along with the quotation, “The defeat of a bit finger would remain the average European from sleeping which night,... but, given he never saw them, he will snore along with the most profound security over the loss o

Q : What are the Causes and theories of

What are the Causes and theories of inflation?

Q : Facts serve to sort out good and bad

Explain the statement: “Facts serve to sort out good and bad hypotheses.”?

Q : What happens in the product markets

What happens in the product markets?

Q : David Hume statement regarding money in

In modern parlance, David Hume statement regarding money which is Tis none of the wheels of trade. And tis the oil, was referring to the notion that money: (i) is relatively costly to produce. (ii) facilitates divisions of labor and specialization and

Q : Writ short note on the income of

Writ short note on the income of functional distribution?

Q : Cornerstone of typical economic theory

The cornerstone of typical economic theory derived through the work of Jeremy Bentham was the perception of (i) the wages fund. (ii) natural checks on population. (iii) increasing cost. (iv) utility. (v) surplus value.

Discover Q & A

Leading Solution Library

Avail More Than 1411910 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1935089
Asked

3,689

Active Tutors

1411910

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment