What are the objectives of the public sector

Q: Spending on a public good such as national defense does greatly does slightly does not night or…

A: Public goods are non-rival and non-excludable in nature.  Non-excludable: It implies that it is…

Q: problem : Medical waste and waste management which in the 17 GOALS - Sustainable Development Goals…

A: There are in all 17 Sustainable Development Goals.

Q: The government addresses market failures when it enforces property rights. True or False

A: Externalities refer to the cost or benefit of an economic transaction on a third party who is not…

Q: Describe one economic benefit, other than energy cost savings, that may result from increasing the…

A: Enterprise is managed by entrepreneur and therefore enterprise would be occupationally mobile if…

Q: Government raises it's expenditure on producing public goods. Which economic value does it reflect?…

A: # The goods which are available to all the public without any motive of Profits are public goods.

Q: You are required to choose a public good in the market and explain how the chosen product fits into…

A: Goods are products that fulfill human desires and have value, such as a fulfilling commodity…

Q: List and explain the three levels of public sector

A: The public sector generally comprises the government bodies. Public goods are generally non-rival…

Q: Examples of public services provided by the government to households

A: Public services refer to the various benefits and amenities provided by the government to its…

Q: What is the government's role public highway

A: Government plays an important role in the economy by providing the legal and social framework within…

Q: Functions of the Environment

A: The environment is defined as the combination of physical, chemical, and biotic factors that…

Q: What are public and private goods?

A: Private good: In the case of private good goods that cannot be used by every one simultaneously.…

Q: It intends to use large portion of the national resources for social services

A: Social Service: It refers to the welfare work that is been done by the people and the government.…

Q: Define public good?

A: In the field of economics, the goods are divided into categories on the basis of whether they are…

Q: Why the government should prioritized the better standards of education and healthcare, particularly…

A: Government is the authority that works to maintain the stability in the economy and tires to improve…

Q: This system provides materials needed for goods and services, and serves as a sink for our wastes:

A: Manufacturing system: The manufacturing system is responsible for implementing and operating the…

Q: how government can help business organizations in our community

A: Business organization is an enterprise which describes the structure of the business and the goals…

Q: Nonrivalry and nonexcludability are the main characteristics of:         consumption goods.…

A: Public goods are those goods that are provided by the state for the welfare of the members of its…

Q: Name two examples of renewable natural resources

A: Renewable resources: These are natural resources, they can be replenished. These are present in…

Q: Pakistan is facing numerous social problems. In your opinion what is the worst social problem of…

A: Pakistan or the Islamic Republic of Pakistan is a country in South Asia with a population of 207.88…

Q: What is the relevance of the ecological footprint in the economy and the people

A: According to research, environmental difficulties have a significant influence on a country's…

Q: 17 Which of these is true about GDP and environment protection? a. An increase in GDP means an…

A: Which of these is true about GDP and environment protection.

Q: How does public sector spending effect the economy and the businesses within?

A: Public sector spending is undertaken by the government of the country. This involves developing…

Q: Gross domestic product (GDP) measures environmental degradation. TRUE OR FALSE

A: GDP is defined as the total value of all products and services generated in an economy over a…

Q: What are the definitions of local public goods, club goods and congestible goods?

A: Excludability is the degree to which consumption of a good or service is limited to paying…

Q: different initiatives of the government to address the social injustice

A: Social injustice depicts the injustice faced by an individual or group at social level.

Q: Discuss how public sector budgets reflect accountability ?

A: A budget is an estimate of revenue and expenditure for a given future period, and is typically…

Q: discuss in detail The nature of the public sector from the perspective of production, profit, costs.…

A: Introduction: The present notion of components of production is mostly drawn from a neoclassical…

Q: Explain the challenges of a business trying to sell a public and private goods

A: Public good is a good or service that has two characteristics: Non-depletable and Non- excludable.…

Q: QUESTION ONE Explain the term market failure and give two examples. а. b. Explain four (4) main…

A: Explain the term market failure and give two examples. MARKET FAILURE :- A market failure means…

Q: Who declared that every human being has the right to clean water in 2003?

A: The Human right to clean water is a right which summarises that clean drinking water and…

Q: Determine if the good is public good, private good, club good or common-pool resources. Please only…

A: Public goods have two peculiar features: They are non rival in nature They are non excludable…

Q: Critically evaluate the following statement: Health is a public good?

A: A public good has two key attributes: it is nonexcludable and nonrivalrous. These qualities make it…

Q: What are public goods ? State few examples of public goods.

A: Public goods are goods which are non-rivalry and non-excludable in consumption. These goods are used…

Q: Canadians use their forests for far more than lumber harvesting. List other uses (economic and…

A: Forests help. Us breathe by taking in carbon dioxide and exhaling oxygen.  They also prevent global…

Q: Which goods are sold in the markets? private goods public goods private goods and club goods…

A: In economics, there are many types of goods. The most common way to distinguish the goods is their…

Q: 1) Three types of business organizations operating in a free market 2) Outline whether a public…

A: A structure based on supply and demand with slight or no government control is said to be the free…

Q: Consider the issue of public spending in health care. Please provide brief discussions  on each of…

A: Explanation- " Public production of private goods such as health care" it convey that private goods…

Q: Discuss whether or not a beach is a public good

A: In economics, public goods can be understood as those goods which are characterized by…

Q: Would you please explain the reasons why we learn public economics and also mention the main role of…

A: Explain the reasons why we learn public economics The objective of study of public economic aspects…