--%>

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.

   Related Questions in Business Economics

  • Q : What are the facts of inflation What

    What are the facts of inflation?

  • Q : Illustrate the Optimal or best

    Illustrate the Optimal or best product-mix and also Law of increasing opportunity costs?

  • Q : Use of human and material resources

    What are the merits of speciality in the use of human and material resources?

  • Q : Business Economics Hello, I would like

    Hello, I would like help with my assignment.

  • Q : Difference between normal and inferior

    Difference between normal goods and inferior goods. Give illustration.

  • Q : What is the basic principle of

    What is the basic principle of comparative advantage?

  • Q : Distinction between Component cost and

    Describe briefly Distinction between the term Component cost and Composite cost?

  • Q : Basic supply determinants of other than

    Illustrate the 6 basic supply determinants of other than price?

  • Q : Technical change and vintage technology

    In heterodox economics, what implications does technical change and vintage technology contain for the cost structure of the business enterprise?

  • Q : Fixed costs and Variable cost

    Questions: 1: Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

    Discover Q & A

    Leading Solution Library
    Avail More Than 1423496 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1944495
    Asked

    3,689

    Active Tutors

    1423496

    Questions
    Answered

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

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.