What are the essential characteristics of public goods? Why might it be difficult for private sector to supply public goods? Please discuss.

Explain why each is or is not a pure public good. Where applicable, note instances where the good is both publicly and privately provided:Sewage collectionCollege educationTelephone service

Define the concepts of public good, non-excludable, non-rival, and tragedy of the commons.

1. How does the provision of public goods at the local level affect their optimality?

Which of the following is the best example of a public good? Group of answer choices AT&T mobile phone service Yosemite National Park Google Maps the post office

Why is emission mitigation is considered as a public good?

Which of the following is a characteristic of a public good? a. It is excludable.   b. It is nonrival in consumption.   c. It yields substantial spillover costs.   d. The private sector would produce a larger than socially optimal quantity.   e. Private-sector producers would realize too great a profit.

-0. Which of the following are examples of activities that yield external benefits? a. Your neighbor paints his house bright orange, pink, purple, black, red, and green. b. The person next to you in class is sick with the flu and keeps coughing toward you. c. Your neighbor blasts his stereo super loud from 3:00 a.m. to 5:00 am while he gets ready for work. d. All of the above are examples of activities that yield external benefits. e.. None of the above are examples of activities that yield external benefits. 1. Which of the following are examples of activities that yield external costs? a. Your neighbor paints his house bright orange, pink, purple, black, red, and green. b. The person next to you in class is sick with the flu and keeps coughing toward you. c. Your neighbor blasts his stereo super loud from 3:00 a.m. to 5:00 am while he gets ready for work. All of the above are examples of activities that yield external costs. d. e. None of the above are examples of activities that…

Which of the following market failures does a carbon tax most explicitly try to address? Select one: a. monopolies b. lack of consumer information C. externalities d. corrupt politicians

1:36 12.02 Unanswered • 2 attempts left Which of the below is the best illustration of a public good? A clean water in a river В a public park C a street light D elementary school