Why Public or social goods not be produced through market
Why Public or social goods not be produced through the market?
Expert
Public or social goods would not be produced through the market, because they are indivisible and are not subject to the exclusion principle. A lighthouse is a good example of a public good. To see whether they paid for it or not, the light is there for all. Those who receive benefits without paying are part of the so called free rider problem.
For eg: Flood control, National defense, Public health.
Elucidate reallocation of resources?
Elucidate the ways to finance corporate activity?
Explain: “Even though parking meters may yield little or no net revenue, because of the rationing function they perform nevertheless be retained”
Cost of debt= (1-tax rate)* interest rate * (debt ÷capital employed)Cost of equity = risk free rate + market premium (equity shareholders funds÷ capital employed)
What are the determinants of supply?
Why is the problem of unemployment a part of the subject matter of economics?
A laissez-faire government is restricted to finding: (1) property rights within a simple fashion and to enforcing private contracts. (2) market prices which guarantee equitable resource allocations. (c) how resources will be allocated efficiently. (4)
What are the major provisions of GATT
Illustrate Competition among buyers and sellers is a controlling mechanism?
Just need help to see if I am in the right direction if there any think wrong need help with it.
18,76,764
1937764 Asked
3,689
Active Tutors
1436220
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!