--%>

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 : Significant that economics is not a

    Why is it significant that economics is not a laboratory science?  What problems may be evolved in deriving and applying economic principles?

  • Q : Elucidate Ticket Scalping - A Bum Rap

    Elucidate “Ticket Scalping:  A Bum Rap”?

  • Q : Affects the location of the production

    Explain how, if at all, each of the following affects the location of the production possibilities curve?

  • Q : Elucidate the growth record of the

    Elucidate the growth record of the United States?

  • Q : Why businesses are not really free to

    Why businesses are not really “free” to produce what they wish?

  • Q : Consumer purchase decision If the price

    If the price of a good is given, how does a consumer choose/decide as to how much of that good to purchase?

  • Q : Society material wants are scarce

    Explain the foundation of economics where society’s material wants are scarce resources?

  • Q : Main advantage of EVA The main

    The main advantage of using EVA is that it is simple to calculate and understand. It uses simple measures like operating profits and cost of capital terms which are widely known and accepted in the financial arena. It helps the managers to assess thei

  • Q : Innate psychological attributes of

    As illustrated by Adam Smith that there are two innate psychological attributes of humans. One is which people have a powerful wish to better their individual circumstances. The other is as human beings so we are: (1) more interested

  • Q : Resource market for economic capital

    Janet has loaned a start-up coffee house $50,000 and predicts to earn interest from her financial investment. In circular flow model this transaction is an illustration of: (1) An exchange of her saving for interest, via a resource market for the economic capital. (2)