In exercising it's responsibility to protect the nation's drinking water, the government needs to Intervene only in the case of public-water supplies. private-water supplies will be adequately protected without any government intervention". why or why not?

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Q: Question 70 Listen Which combination of the matrix below characterizes a public good? Rivalry…

A: Here the term Rivalry means a person's consumption reduces the availability of that good for others.…

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A: When the act of production or consumption affects the third party who is not involved in the process…

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A: True

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A: The objective of the question is to identify which among the given options is a public good. In…

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A: Public goods are an important concept in economics. In economics public goods are those goods which…

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A: I answered your question.

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A: Cost-Benefit Analysis (CBA) is a systematic approach used in economics to assess the potential…

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A: Cost-benefit estimation is a long-deployed economic strategy that endeavours to provide a synopsis…

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A: Negative Externality: The term negative externality refers to the situation where the consumption…

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A: Externality refers to the economic situation in which the economic activity of the producer or…

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Q: 1. What are the major issues in the public provision of public goods?

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A: Correct : Positive externality

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A: Externality refers to the cost or benefit associated with an activity that is borne by a person or…

Q: explain four main roles of the government in solving the insufficiency  of the market

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