Was the lighthouse ever a public good? The lighthouse is presented as the quintessential public good as it was inherently non-excludable and non-rivalrous. Since the work of Ronald Coase (1974) on the lighthouse
A public good is a good that is non-excludable and non-rival. The property of non-excludability means that the consumption of a public good by someone...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our exper...
1. Public good: A public good must be non-excludable and non-rivalrous Non-excludable: impossible or prohibitively expensive to exclude non-payers from consuming a good. Non-rivalrous: benefits enjoyed from a good are not depleted by additional users. A public good will lead to complete mar...
Answer to: Considering the definition of a public good (non-rivalrous and non-excludable), should the police force and fire department be...
2、Excludable:a situation that exists when a price is charged for a good. It will be excluded from those who are unable and/or unwilling to pay this price. 主要强调物品所有权清晰,具有排他性的物品,可以通过收费方式来限制使用权。 2、Public goods同时满足non-rival和non-excludable。
一种商品,是消费的非竞争性和nonexcludable 翻译结果2复制译文编辑译文朗读译文返回顶部 是在消耗方面的nonrival 和nonexcludable的商品 翻译结果3复制译文编辑译文朗读译文返回顶部 一种商品,是 nonrival 和 nonexcludable 消费 翻译结果4复制译文编辑译文朗读译文返回顶部 一种商品,是nonrival和nonexcludable在消费 翻译...
百度试题 题目Public goods are ( ) A. rival and excludable. B. rival but excludable. C. nonrival but excludable. D. nonrival and nonexcludable. 相关知识点: 试题来源: 解析 d null 反馈 收藏
Definition of public goods: non-rivalrousand non-excludable. Non-rivalrous means that consumers are not in competition regarding consuming the good; non-excludable means that producers can not effectively exclude the non-payers from receiving the good.Examples of public goods include street-lighting,...
The opposite of a non-excludable good is an excludable good, which is a good that some people are restricted from using. Excludable goods are private goods, while non-excludable goods are public goods. A rival good is a type of excludable good because it can only be possessed or consumed ...
Public Goods: Public goods are non-rival and non-excludable. Non-rival means the consumption by one individual does not reduce the amount available for others to consume. Non-excludable means anyone can use the good even if they do not pay for it. ...