Questions and Topics We Can Help You To Answer:
Paper Instructions:
Explain and give a personal example of what is meant by a good being excludable, by a good being rival in consumption, a public good, and a common resource. - Are the externalities associated with public goods generally positive or negative?
ANSWER ALL OF THIS QUESTIONS
Explain and give a personal example of what is meant by a good being excludable, by a good being rival in consumption, a public good, and a common resource.
- Are the externalities associated with public goods generally positive or negative?
- During COVID-19 is health care a private or a public good. Please explain.
Use examples in your answer
- Are the externalities associated with common resources generally positive or negative?
Use examples in your answer
- Give an example of a free rider in society. Can you think of ways the government or the private market can solve the problem with free riders?
- Give an example of a free rider in your life. Can you think of ways the government or the private market can solve the problem with your specific free rider?
