Define an example of a free good of Costs

The closest of the given to being a free good would be from below: (i) affection and support by your parents. (ii) a $100 bill you determined after a stiff breeze blew this onto your porch. (iii) health insurance given by a firm to all its workers. (iv) the second bag of Fritos you found at a “buy one, get one free” sale. (v) rain which waters your lawn in July.

Can someone help/explain me with best solution about problem of free good of Costs in economics...

View Complete Question

Related Questions in Public Economics

Q : When economists disagree in normative

Can someone give details with best solution about problem of normative economics... Economists disagree MOST often about regions involving: (i) normative economics, while value judgments are involved. (ii) explanat

Q : Give an example of Production in

By using knowledge and/or technology to apply energy to change materials, thereby making the materials more precious is: (w) production. (x) demand. (y) a total cure for scarcity. (z) economically profitable. Can someone clarify/he

Q : The closest illustration of a free good

Which would be the closest illustration of a free good: (1) A can of tuna bought along with food stamps, (2) dead leaves which require raking into fall, (3) water through a drinking fountain at a park, (4) a sample of soap acquired in the mail and (5)

Q : Example of Normative Economics with no

A statement which needs no value judgments would be which an optimal distribution of goods is: (w) invariably best for society. (x) better for society than any non-optimal distribution of goods. (y) better for society only when this conforms to the will of the majorit

Q : Describe the scientific roles of

Can anybody suggest me the solution for given problem regarding scientific roles of economists in economics generally. Economists, in their scientific roles: (w) hardly ever choose anything. (x) choose much of econ

Q : Why are Land Land, labor, and capital

Land, labor, and capital are all scarce since: (w) human wants are restricted. (x) less is obtainable than people want. (y) each productive resource needs a monetary return for its use. (z) once employed they cannot be used again.

Q : High rates of saving and investment Can

Can someone help me in finding out the right answer from the given options. Production possibilities frontiers can be employed to demonstrate why maximizing economic growth needs: (1) The amount of investment goods to equivalent the quantity of consum

Discover Q & A

Leading Solution Library

Avail More Than 1431847 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1954629
Asked

3,689

Active Tutors

1431847

Questions
Answered

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

Submit Assignment