Are there any externalities associated with this good, Ask an Expert

Economics

Consider the following list of goods. For each good, explain the following points.

Are there any externalities associated with this good?
Explain whether the private market should provide this good or the government should provide this good. Explain in terms of whether the characteristics of the good would make it difficult to be provided by the private market or the government.

List of Goods:
A. A cup of coffee at a coffee shop
B. City fire protection
C. Polar bears in the Arctic
D. Clean air

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9494872

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question a car manufacturer is considering how many safety

Question: A car manufacturer is considering how many safety devices to install on a new car. The devices function independently and each one works with probability .9. Furthermore, they are connected "in parallel" so tha ...

Question 1 what potential problems and benefits likely

Question: 1. What potential problems and benefits likely with early or flexible retirement programs? provide specific example 2. Should either unions or management be concerned with the apparently small effect of higher ...

Question markets are where people exchange information

Question: Markets are where people exchange information about potential transactions. If so, can advertising create economic value? Explain. Identify some other institutions whose effects on lowering information costs ar ...

Question calculate the simple multiplier if the marginal

Question: Calculate the simple multiplier if the marginal propensity to consume is 0.4, investment rises $0.05 for every $1 billion increase in income, and net exports decline $0.08 for every $1 billion increase in incom ...

Question the capital asset pricing model postulates a

Question: The Capital Asset Pricing Model postulates a relationship between the returns to a particular stock and the return on the market. Go to the Internet and obtain monthly stock price data for Microsoft, GE, IBM, P ...

Question a home mortgage with monthly payments for 30 years

Question: A home mortgage with monthly payments for 30 years is available at 6% interest. The home you are buying costs $120,000, and you have saved $12,000 to meet the requirement for a 10% down payment. The lender char ...

Question making dresses is a labor-intensive process indeed

Question: Making dresses is a labor-intensive process. Indeed, the production function of a dressmaking firm is well described by the equation Q = L - L2/800, where Q denotes the number of dresses per week and L is the n ...

Question many of us want to lose weight yet we find it much

Question: Many of us want to lose weight, yet we find it much easier to gain weight than to lose it! Given it takes approximately 3,000 extra calories of food to increase our weight by one pound, why is it so difficult f ...

Question investors sometimes fear that a high-risk

Question: Investors sometimes fear that a high-risk investment is especially likely to have low returns. Is this fear true? Does a high risk mean the return must be low? The response must be typed, single spaced, must be ...

Question you have just been hired by a company to evaluate

Question: You have just been hired by a company to evaluate the way the company treats its employees, suppliers, and customers. Create an analysis of the ethical theories the company would want to use to show the employe ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Microeconomics Expert